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Old 09-21-2008, 11:41 AM   #13
Recycles dryer sheets
 
Join Date: May 2005
Posts: 268
"The most glaring problem is the idea that an institutional investor can simply buy default insurance on a company "no matter how obvious an impending failure may be."" Yrs to Go


But of course that is not what the report said at all. You re-worded that.The report recounts a situation in which the institutional investor already has protection and "no longer sell companies they feel are about to fail". That is a quite different matter.

b.
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