Statement by NY Insurance Superintendent on Bond Insurers

Discussion in 'Wall St. News' started by Daal, Jan 24, 2008.

  1. Daal


    translation, the banks didnt want to pay for their own bonds otherwise we would be annoucing the figures right now, as a result I dont want anybody in panic so I will just say this is going to take time. anybody got any predictions on what the likely bailout will be?