N.Y. Bond Insurer Rescue Plan Seen as a Tough Sell but Important

By Leslie Wines | February 1, 2008

  • February 1, 2008 at 1:01 am
    Tom Herbst says:
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    Enough of the bailouts. Do we have to bail out every company that gets into financial trouble because they got greedy going after higher returns without understanding (or worse ingoring) the risk. If these companies fail other comnpanies will fill the void if it is profitable. And one more thing – where were the rating agencies before the writedowns.



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