@drunkle

The following is not good, despite the positive spin. I would need to dig more.

http://www.reuters.com/article/marketsNews/idCAN2444964620080124?rpc=44

Any time a company asks for ratings to be pulled, brings into question the quality of the underlying assets. They are happy about a savings of $350,000 while they are a $6B institution?

Suggestion on the option: Ride it with a finger ready on the trigger… if you know what I mean