Showing posts with label MBIA. Show all posts
Showing posts with label MBIA. Show all posts

Saturday, May 10, 2008

Quote of the day

"If you can find another illustration of a company whose stock that's gone down by 95% in one year and is still rated triple-A, I have yet to see it"

- Warren Buffet, speaking about bond insurers Ambac and MBIA retaining their AAA ratings, May 2008