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PMI Group Inc. Message Board

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  • paidbasher38291 paidbasher38291 Mar 2, 2010 5:56 PM Flag

    here's what those salaries and bonuses are buying

    spare me the techinical analysis, this company is insolvent, they don't have, nor can they generate, enough money to pay the claims that are coming, you can rave on all you want about momentum, but eventually this company has to pay its claims, and it ain't gonna have the money to do it, tgic traded up near two bucks between the time it stopped writing new business and today, and nothing changed in its ability to pay claims, sure this pos may fluctuate like the limbs of a dead man, but in the end it is still a dead man, uses of cash will exceed sources of cash, plain and simple.

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