Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $10,208
12%  
Woo hoo!! And now less than $3.3k to reach 13,500 by the end of today!! Thank you all very much!! God bless.

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  • Banks link to solve bond insurers crisis (bailout?)

    02/01/2008 4:19:36 PM PST · by TigerLikesRooster · 33 replies · 184+ views
    FT ^ | 02/01/08 | By David Wighton, Aline van Duyn, Henny Sender, and Peter Thal Larsen
    Banks link to solve bond insurers crisis By David Wighton, Aline van Duyn and Henny Sender in New York and Peter Thal Larsen in London Published: February 1 2008 19:53 | Last updated: February 1 2008 20:05 Leading US and European banks are joining forces to find solutions to the crisis among US bond insurers, whose problems threaten to exacerbate the impact of the credit squeeze. One group of banks, including Citigroup and Barclays, is examining options for supporting Ambac Financial, one of the leading insurers. Separate teams are working with other bond insurers, according to people close to the...