I really had not been paying much attention to the Puerto Rico debt situation. After all, $72 billion in debt that might go bad – big deal. The Fed can print up $72 billion in credit lines with the push of a button. But a friend of mine happened to mention to me today (Monday) that MBIA’s stock was down over 23% and Assured Guaranty’s stock was down over 13%.

Topics:  puerto rico   fed   mbia s   assured guaranty s   ambac   mbi   derivatives   debt   credit   stock   billion   
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