Biz Dev in NYC by Rob Tsai

(aka Zenrob's) personal blog on investments and business development

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Entries Tagged as 'Bill Ackman'

Ackman was right - why would anyone step in to bail out a bond insurance holding company?

December 29th, 2007 · No Comments

Buffett’s decision this week to launch his own bond insurer drove shares of MBIA down even further, as reported by the WSJ and theStreet.com on Friday.

Buffett probably had ample opportunity to step in and buy MBIA or Ambac with his $45 billion war chest (less $4.5 billion for his purchase of Marmon?), but decided […]

Tags: MBI · Pershing Square · Warren Buffett · Bill Ackman