Some believe the muni insurance portion of both [[MBI]] and [[ABK]] will be rescued. However, the mortgage part is doomed for a hot bowl of lava soup.
We all know Moody’s and S&P are aiding and abetting fraud, by keeping these worthless fools triple A rated. It’s the most obvious in your face scam ever, yet it gets no airplay.
My guess, there is no plausible solution for the monolines, with the exception of failure. With that being said, it makes sense to sell short the banks, waiting for the crescendo sell off.
Top shorts picks: [[C]], [[BAC]] and [[WM]] or long [[SKF]] If you enjoy the content at iBankCoin, please follow us on Twitter