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  • Monolines' All-Important Debt Rating Threatened
    goldman is talking its book, oh wait, the analysts and the trading desk are of course separated by a chinese wall, so that thought is absolutely off the mark
    the ratings agencies (s&P) wwere very calm since they have incorporated even worse losses in their bstress test scenarios. but gee, gs and dinallo are probably in a better position to assess AAA requirements than the ratings agencies themselves. go figure
    mbi and abk have been declining ovcer the past 4 months precisely in anticpation of these losses so what#s the big news here?
    sure, perception and fear are running wild what is understandable but still keeps people from properly assessing the situation
    Apr 24 17:16 pm |Rating: 0 0 |Link to Comment |View article

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