Sunday, November 30, 2008

The Bond Insurance Barge Scam

ACA is downgraded to CCC. Negative watch for a pile of others. Good timely stuff from the rating agencies. Thanks chaps. CalculatedRisk quotes a portfolio manager at American Century Investments:. “It’sa zero-sum game.

crookery.blogspot.com/2007/12/bond-insurance-barge-scam.html