Warren Buffet advanced a proposal to resuce the municipal bond insurance industry, at a steep price. And they can keep their sub prime debt and other problems he said. Oh well, no one ever said Warren was not a smart shopper. I discussed this today in intermediate as we studied the bond market. Why is it important that this insurance is believed to be reliable?
Professor Elam
Accounting & Investing Info for San Antonio A & M
Professor Elam 
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