Friday, November 7, 2008

The Wisconsin Insurance Commissioner lets Ambac have its 3 billion

Thanks to "anonymous" pointing it out in the comments.  Here is the release from the commissioner...

I suspect Ambac is - again - a reasonable speculative bet.

Am I going back?  Need to think about it for a few days...


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The content contained in this blog represents the opinions of Mr. Hempton. Mr. Hempton may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Hempton's recommendations. The commentary in this blog in no way constitutes a solicitation of business or investment advice. In fact, it should not be relied upon in making investment decisions, ever. It is intended solely for the entertainment of the reader, and the author.  In particular this blog is not directed for investment purposes at US Persons.