More trouble coming ?

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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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sharky

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More trouble coming ?

posted on Jan 18, 2008 12:11PM

I just read this on Market watch.

http://www.marketwatch.com/news/story/bond-insurer-woes-may-trigger-more/story.aspx?guid=%7B590076D4%2DFB70%2D4304%2DB6B4%2DC444A554401C%7D

Maybe another reason to go for a leg down again.

'The destruction of the bond insurers would likely bring write-downs at major banks and financial institutions that would put current write-downs to shame.'

When will all this mess be over ?

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