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DETROIT (Dow Jones)–U.S. billionaire investor Wilbur Ross doesn’t see a U.S.
economic recovery coming until late 2009 as middle class America deals with its
debt and stability continues to elude the housing market.
“The middle class has gone no place in the last half dozen years,” said Ross
during a stop in Detroit. “Inflation-adjusted median income has gone down [...]

Moody’s: Municipal-Only Bond Insurers Might Get AAA
Last Update: 7/31/2008 10:31:20 AM
By Lavonne Kuykendall
Of DOW JONES NEWSWIRES
CHICAGO (Dow Jones)–Bond insurers that cover only municipal and public purpose
bonds might be more likely to win a top credit rating than insurers that dabble
in securities backed by consumer and other [...]