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URL:  http://boards.fool.com/charlie-i-hold-both-the-64s-of-22-and-715s-of-30431165.aspx

Subject:  Re: MBIA Bonds? Date:  12/13/2012  9:48 PM
Author:  howardgt Number:  34556 of 35397

Charlie,

I hold both the 6.4's of 22 and 7.15's of 27 issues. My cost for both are in the the high 70's. They are both trading around 80 today. I pocketed the $5 consent fee on both.

Now that MBIA has won "consent approval" from their bondholders, I think they are in the catbird seat concerning the ongoing litigation with BAC. I read that CriditSights predicted that BAC will settle in early 2013.

Things seem to be looking up and I'm comfortable with these positions.

Howard
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