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Ambac, MBIA: The Shorting Game is Over

Some facts that “experts” miss and shorters should know: Ambac (ABK) and MBIA (MBI) insured bonds have never in their history traded equal to natural triple A bonds. They always traded at double A levels, in both the tax exempt and taxable markets. Ask any trader. The holding companies have never been rated triple A. The [...]

This entry was posted on Monday, March 3rd, 2008 at 8:07 am and is filed under Dollar Investment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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