ot- Remember in their warped thinking the third adm was necessary to take the money on behalf of the tax payers because fnf would need more money in the future. This is false (points #1, #2) so why give the government Corker, Warner ,Inspector General talking points. The companies are fine. People are always fighting the last war (real estate not in bubble in this country- but Canada????), so reserves are still too high and a source of capital with proper accounting.
Back on topic , anv was in effect a warrant that expired early from cash flow problems. This will be the fate of atnaf in about a year with out a 30 to 40% move in gold before then. If one owns stadf, iag or gss, this problem takes much longer to surface. Of course you have much less leverage to the upside or political risk-gss, iag.
