Ultimate Fade: Buffet's Offer To Buy the "Prime" & Not "Subprime"

I think that the broader significance of this is what some are not seeing. It isn't about the down trodden bond insurers it is about relieving the tension in a huge portion of the credit market and narrowing the focus on the toxic stuff, isolating from the good stuff and allowing the broader credit market to start to function again. A first and significant step in the direction of restoring credibility to the credit markets and ratings anyway.
 
Quote from Warrior4g:

i think this whole thing is ridiculous. why he would want any part of that market is a mystery to me.
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muni market is a completely different market.
 
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