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Joe Stocks

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Re: dave_s post# 58435

Tuesday, 07/28/2009 11:55:51 AM

Tuesday, July 28, 2009 11:55:51 AM

Post# of 77456
ABK has a negative net worth of probably close to $5 bil after this next earnings report. Their hole keeps getting deeper and deeper. AKT and AKF have been on my watchlist, and many times I have been tempted, but I think ABK will eventually file BK so I stay away.

Speaking of, if I good can their insurance be if they are so insolvent. Why would anyone use them. I would think they would be in a death spiral.

Joe

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