Re-Insure this?
Tags: Buffet + elections + investing + Markets + monoline insurers Ginnie Mae
Warren Buffet announced his willingness to act as a re-insurer of municipal bond credit risk. So far monoline insurers have given his General Re reinsurance firm a polite, no thank you. Buffet made it clear he had no interest in the exotics. Perhaps he would consider re-insuring Ginnie Mae?
The problem mysteriously ignored in the traditional press […]
February 13, 2008 - Economy, Politics - 0 Comments
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