2008-01-21 World's Largest Bond Insurers Collapsing!

2008-01-21 \US economy\Global economy http://www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=1381 World's Largest Bond Insurers Collapsing! by Martin D. Weiss Ph.D.: &ldquo;Ambac and MBIA, the two largest bond insurers in the world, are careening toward collapse. .. Barring a miraculous rescue, their demise could promptly deliver a massive blow to the U.S. bond market ... severely damage America's already shaken big banks ... and largely trash the net worth of millions of investors.&rdquo;   