The Inevitable Has Come To Pass and Those That Insured Guaranteed Blowups Are Being Blown Up – Finally!

Submitted by Reggie Middleton on 11/01/2010 08:47 -0500 Alt-ABank of AmericaBear StearnsCountrywideFitchGMACInvestment GradeLehmanLehman BrothersMoral HazardRating AgenciesratingsRatings AgenciesRealityReggie MiddletonRegional BanksWachoviaWashington Mutual Zerohedge had posted an article this morning that brought back memories of how lonely it can be to have a contrarian, dissenting opinion – Ambac Does Not Make November 1 Coupon Payment, To File Bankruptcy …

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