Tuesday, September 23, 2008


More ‘The Blogs Are Out of Control’ Sheila:

"We are going to be raising premiums in early October, not shockingly but significantly,"

"I think, actually, the banking sector is holding up pretty well,"

"We're very strongly supportive of Treasury's initiatives. We're talking to them, we're talking to Congress. We think there should be a focus on home loans as well as securities ... how to get home loans restructured as part of this."

"They are looking at us as a consulting role ... and also giving Treasury the latitude to contract with us to dispose of the assets because that's what we do ... with closed banks,"

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