InvestorsHub Logo
Followers 97
Posts 92809
Boards Moderated 4
Alias Born 10/29/2007

Re: Value_Investor post# 117

Tuesday, 05/05/2009 3:29:40 PM

Tuesday, May 05, 2009 3:29:40 PM

Post# of 128
they're not writing any new insurance now and the value here will depend on the failure rate of the loans they currently insure.
they have some capital and this may turn out well if their portfolio of assets is stable.

i believe they are moving to Bahamas exchange and the money flow/regulatory oversight there is much less than the USA, so saving fees otherwise paid to NASDAQ comes at the price of lower liquidity, lesser ability to raise capital and much less disclosure to common shareholders.