Voltron's economics blog. Started in Iraq in 2007 as the "Gamblers Anonymous Support Group" email list.
Wednesday, April 23, 2008
MBIA's swan song
Voltron says: as CNBC's Cramer (the mad money guy) said "Ambac is a $6 stock that just reported a $11 per share loss." Will Moody's and S&P continue the farce and maintain the AAA credit rating of Ambac and it's competitor MBIA?
No comments:
Post a Comment