I know this isn't connected to softs markets, but WRT to the discussion we were having about the Fed, interest rates and the connection between sub-prime mortgages and your local muni bonds, here's an in-depth article from Charles Schwab & Co. about monolines and their ratings: Challenges Facing Bond Insurers and Municipal Bonds If people would like me to post stuff like this over in Forum rather than here in Marketing, I'd be happy to do so as well.
Edited by NVDave 1/30/2008 13:28
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