Bail-outs, billions and babble

Ilargi says:We see the first signs of bail-out proposals for the US bond insurers (monoliners), and that of course is inevitable. If only because at face value, it seems to make sense.After all, it was only last week that some of the ratings agencies indicated that they would be satisfied with capital injections of some $1 billion, in order for Ambac (and consequently all the bonds it insures) to