“They're guaranteeing close to $200 billion in assets in probably the riskiest environment in our lifetimes,” said David Havens, managing director at investment bank Hexagon Securities LLC. “It's a huge number -- if there was any ...

Not so fast, notes David Havens of Hexagon Securities. If the AIG-guaranteed securities are really deteriorating “why on earth would you allow that protection to go away?” « Previous Stocks Rise on Low Volume as Investors Bet on ...