Todays Links: Big Picture Day
Lance on Feb 15 2008 | Filed under: Economics, Federal Reserve, Hedge Funds, Latest data, economy, today's links
Bad news for the monolines. FGIC just got downgraded today to AA. That pretty much puts them out of the business of insuring municipal bonds.
NYS Commissioner of Insurance has suggested splitting the Muni bond business from the rest of the insurers. FGIC seems to now think that isn’t a bad idea. Of course, since Elliot [...]
