Monolines suck, except for…

AGO and Buffett’s recently created entitiy.  There are a few places to go to anymore to insure munis from a true Triple A rated insurer, and those two players are probably going to be the new big boys in the muni bond insurance game.

I never knew about AGO until this morning watching William Ross on CNBC explain the deal.  I have to say, AGO recent upped their dividend signalling their health, and a deal of opportunity was coming.

I like it, added it to my focus list and will probably put an initial buy in today.

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