The current credit "crunch" continued to take its toll on Wall Street as the nation's leading bond insurer indicated it has loss exposure larger than its net worth.
The stock of this company plunged.
With the insurance companies that insure bonds revealing their risk, the question has been clear: What does "investment grade bonds" mean? What is your pension fund investing in?
You make the call.
Click on the post for the full story.
The Evansville Observer Archive: The unofficial history of Evansville, Wisconsin from 2005-2013: Thousands of Video and Audio and Articles; Free: To Search scroll to the Search this Blog line and enter name of person, topic, or issue. Then scroll up to see all articles. Or use Google Search by topic. Enjoy.
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