MBIA

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brain_wash_your_face's picture

Contining to see plaintiffs shaken out of this lawsuit.  Natixis just bowed out, so now it is just BoA and SocGen.  I may get involved here.  If the restructuring goes through then muni bond insurance focused company will definitely see a credit upgrade…the parts are greater than the whole.

http://www.reuters.com/article/2012/05/08/mbia-restructuring-lawsuit-idUSL1E8G86I820120508?feedType=RSS&feedName=governmentFilingsNews&rpc=43

“Some people make shoes. Some people make houses. We make money and people are willing pay us a lot to make money for them.”

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