No. of Recommendations: 0

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.

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