Tag: bond insurers
Warren Buffett-Municipal Bonds-Bond Insurers
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 […]
