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Strategies & Market Trends : Value Investing
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To: gcrispin who wrote (28781)11/2/2007 8:32:45 AM
From: Madharry  Read Replies (2) of 77745
 
"they dont expect actual losses from the CDO tranches they have insured"

they all say that but I have yet to hear an explanation as to why they wouldnt expect actual losses. can someone unbiased explain this to me? I would think that if you insure some financial instrument that everyone is now avoiding like the plague a rational person might want to re-examine his/her assumptions.
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