Question: Where are you and why are you not getting back to me?
The parent of
FigureRX is an investment bank, and the auction rate securities and bond insurance markets are, in many ways, collapsing and becoming illiquid. This is not a financial disaster (except for the insurers), but it has resulted in thousands of nervous companies, governments, and municipalities. We have found it necessary to get in front of as many securities issuers as possible to calm the markets and provide opportunities to convert to other types of bonds, including variable rate weeklies and long term fixed rate securities.
This is not a bad thing, it just means we are busy beyond belief!! And at the wrong time too, just before the Arnold!!