Tag: bond insurers

Warren Buffett-Municipal Bonds-Bond Insurers

| February 13, 2008 | 0 Comments

I love watching The Oracle of Omaha, Warren Buffett.  Yesterday, he caused the Dow Jones Industrial Average to move up over 130 points by making a simple announcement.  What did he say?  He offered to “help”, and I use that term lightly, troubled re-insurance companies Ambac (ABK), MBIA (MBI), and Financial Guaranty. Whenever these offers […]

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