An irreverent look at Wall Street
Speaking of ships, you think PRGN is done with their offering? It looks like it wants to break out soon!
I haven't been able to find anything about AIG and getting paid back on the swaps? Something is up with that...look at MBIA's Oct call volume today. Even ABK was pushing. I wonder if the lawsuits AGO and ABK brought against the banks claiming fraud on the underlying collateral on the CDS is looking more and more like they can win.
It looks that way. I think pressure on AIG was when Cramer recommended that they should have a secondary of 20 million shares.I was told that same point during the Seminole/Hurricane game
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