Comments on: Credit Swaps Insurance Market: 2000-2007 http://visualizingeconomics.com/2008/10/19/credit-swaps-insurance-market-2000-2007/ Sun, 05 Feb 2012 17:17:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dave Thomas http://visualizingeconomics.com/2008/10/19/credit-swaps-insurance-market-2000-2007/comment-page-1/#comment-540 Dave Thomas Tue, 28 Oct 2008 23:17:01 +0000 http://www.visualizingeconomics.com/2008/10/19/credit-swaps-insurance-market-2000-2007/#comment-540 I don't have any sympathy for anyone that would buy insurance from an unregulated carrier. The people who are paying good money for this type of insurance should be left holding the bag as individuals if their bond goes into default or the company they invested in goes bankrupt. When I hire a contractor it is my own fault if I hire an unlicensed, unregulated one. Buyer beware is in full effect for the purchases of this insurance. You would think they would use the premium money to purchase a higher-grade stock that paid a dividend, ect. I don’t have any sympathy for anyone that would buy insurance from an unregulated carrier. The people who are paying good money for this type of insurance should be left holding the bag as individuals if their bond goes into default or the company they invested in goes bankrupt.

When I hire a contractor it is my own fault if I hire an unlicensed, unregulated one. Buyer beware is in full effect for the purchases of this insurance. You would think they would use the premium money to purchase a higher-grade stock that paid a dividend, ect.

]]> By: Zev Mo Bloggin’ » Blog Archive » Credit Swaps Insurance Market: 2000-2007 http://visualizingeconomics.com/2008/10/19/credit-swaps-insurance-market-2000-2007/comment-page-1/#comment-539 Zev Mo Bloggin’ » Blog Archive » Credit Swaps Insurance Market: 2000-2007 Mon, 20 Oct 2008 13:59:00 +0000 http://www.visualizingeconomics.com/2008/10/19/credit-swaps-insurance-market-2000-2007/#comment-539 [...] Visualizing Economics [...] [...] Visualizing Economics [...]

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