White Meat Dark Meat
One of the two guys who taught me the venture business was Bliss McCrum. He is the king of the cliche. One of my favorites of his was “they get the white meat and we get the dark meat”. You see that all the time in the investment business. When there is something good mixed in with something bad, you always look to split them up.
I thought of Bliss and his cliche this morning when I saw this news from FGIC
Financial Guaranty Insurance Co., a major bond insurer, has notified the New York…
