Insolvency risk low for most bond insurers-Moody's
Wed Jul 9, 2008 12:14pm EDT
NEW YORK, July 9 (Reuters) - Insolvency risk is low for most bond insurers, making it unlikely that they would have to make large payments to terminate credit default swap contracts, Moody's Investors Service...
What was their first clue? the fact that mortgages are selling for 5 to 20 cents on the dollar??
"Credit Crisis To Worsen Dramatically, Taking Down Wall Street"
DUH
LOL:D
Ambac: Stock offering from March hasn't closed yet
Bond insurer plans $50 million share buyback if offering goes through
By Alistair Barr, MarketWatch
Last update: 3:30 p.m. EDT July 3, 2008
SAN FRANCISCO (MarketWatch) -- Ambac Financial said on Thursday that an offering of new shares that...
the problem with Cramer is he hasn't yet figured out if he wants to "educate the masses" or be a "market moving guru".
So what you get is this clown screaming and jumping up and down on tv looking for ratings and ego stroking.
nothing there for educated traders except maybe the odd...
Have you tried a COMPLETE reinstall of QT? I have been running QT for years and and had some lock up recently(couple mths ago). I just bit the bullet and did a full reinstall.(preferences and all).
Worked like a charm fwiw.
MBIA 'baffled' by Moody's analysis after ratings cuts, says funds will meet its obligations
NEW YORK (AP) -- Bond insurer MBIA Inc. said late Thursday it was "baffled" by Moody's Investors Service decision to cut several of its ratings on the company.
Moody's slashed MBIA's insurance...
Bill Ackman Was Right: MBIA, Ambac on `Ratings Cliff' (Update1)
By Christine Richard
June 18 (Bloomberg) -- Bill Ackman was right: the world's largest bond insurers aren't worthy of a AAA credit rating and may be headed for the bottom of the scale.
Ackman, the 42-year-old hedge fund...
Bond insurer cuts below "AA" risky for munis, banks-BofA
Wed Jun 18, 2008 3:25pm EDT
NEW YORK, June 18 (Reuters) - U.S. money market funds may be forced to sell short-term municipal securities if troubled bond insurers are downgraded below "AA," potentially adding to banks' woes...
I'm just in it for a squeeze into expiry friday. Not much headline risk until then.
The sucker is way oversold. You get some momo here it just might have a quick multi dollar spike.
Fast $ boys mention abk long tonight fwiw.