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| User Info | Florida Agency Suspends Withdrawals....; entered at 2007-12-01 22:30:45 | |||
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Daizepitt Posts: 2157 Registered: 2007-10-07 Orange County, CA
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Moody's confirms problem is spread elsewhere besides FL and MT!! Moody's knows of problems in Florida and similar but smaller issues in Montana. The rating agency has also been talking with a county on the East Coast that recently took a loss from an investment its cash pool made in a SIV, Mr. Kurtter said. The information is confidential, he added. "We have been reassured that problem is under control and manageable," he said. "They are seeking some recourse against whoever sold it to them. http://online.wsj.com/article/SB11964714.... 2007-12-01 22:30:45
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