RECENT NEWS
Reuters  May 23  Comment 
While bond insurers MBIA Inc and FGIC Corp receive the lion's share of Ally Financial Inc's $2.1 billion contribution to the debts of mortgage lender Residential Capital LLC, hedge funds like Paulson & Co may have obtained a better deal.
Wall Street Journal  Feb 13  Comment 
Heard on the Street:Bank of America's stock is on a tear, but one trend hasn't been its friend: legal decisions in disputes over mortgages guaranteed by bond insurers or sold to investors.
Insurance Journal  Aug 20  Comment 
Bondholders and bond insurers are challenging the eligibility of San Bernardino, California, to file for bankruptcy protection, claiming the city provided no financial information to its creditors. Their court filings follow one by the city’s...
Insurance Journal  Aug 10  Comment 
Two bond insurers challenged the eligibility of Stockton, California, for bankruptcy, arguing that the city can cut pension benefits, a move that could have profound implications for the state. The court filings set a roadmap for a battle, in or...
Insurance Journal  Mar 21  Comment 
A growing number of U.S. cities are choosing to fund essential services like public safety and garbage collection over making payments on their outstanding debt, as rising costs and falling revenue deplete their budgets. So far, the bond defaults...
BusinessWeek  Sep 26  Comment 
Radian Group Inc., the second- largest U.S. mortgage guarantor, may expand into state- and local-government debt insurance after the credit crisis undermined the top municipal bond insurers.
MarketWatch  Apr 15  Comment 
Bond insurers surged Friday after Assured Guaranty got more than $1 billion from Bank of America to resolve disputes over mortgage securities Assured had guaranteed. The deal sparked hope that other bond insurers, such as MBIA Inc. may be able...
TheStreet.com  Mar 22  Comment 
NEW YORK (TheStreet) - Monoline insurers that back municipal bonds say that their business is not disappearing any time soon. Dominic Frederico, president and CEO of Assured Guaranty said the company did almost $400 million in revenue on...
Wall Street Journal  Jan 27  Comment 
New York state lawmakers have scheduled a public hearing next month to gather information on whether certain banks intentionally defrauded bond insurers about the creditworthiness of subprime-mortgage-backed securities.




 
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God, I feel like I suhold be takin notes! Great work

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