If Warren Buffet hadn\’t beat out the \”showcase\” California Earthquake Bond, we all would have gotten here sooner. Leave it to the Swiss to lead the charge (of course there are others) in pushing the boundaries. The investing public will remain confused unless there is some price validation method for considering all the tranches one can purchase. It\’s about time!
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If Warren Buffet hadn\’t beat out the \”showcase\” California Earthquake Bond, we all would have gotten here sooner. Leave it to the Swiss to lead the charge (of course there are others) in pushing the boundaries. The investing public will remain confused unless there is some price validation method for considering all the tranches one can purchase. It\’s about time!