Subprime Losses Inevitably Create Insurance Issues
The January 15 Wall St. J. reported that a little-known hedge fund manager made $3 to $4 BILLION-- for himself-- by recognizing the problems in the subprime markets and other "bubble" issues. The economists tell us that where there's winners there's also losers; another reason to expect suits and claims here. I'm looking at policies now with my thoughts on subprimes.