Jun 23
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You Should Short Every Well-Known Financial Stock as Possible For Best of Your Interest: MBIA Inc. (MBI) Merrill Lynch & Co., Inc. (MER) Morgan Stanley (MS) Lehman Brothers Holdings Inc. (LEH) Bank of America Corporation (BAC) American International Group, Inc. (AIG) State Street Corp. (STT)

In current market, the one is about to clapse, you should prepare a list of stocks you should short for your own benefit, the recovery isn’t anywhere near from now, keep in mind to short financials, they lost too much and more to lose for a long time, billons dollar can’t be recovered in months, [...]

Author: admin
Jun 04
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MBIA under pressure to send $900 mln to insurance unit

SAN FRANCISCO (MarketWatch) — New York State Insurance Commissioner Eric Dinallo
said late Wednesday that he’s in active talks with MBIA Inc. about the company’s
commitment to funnel $900 million in capital to its main bond insurance unit by
next week. “We are in active discussions with MBIA regarding the company’s
fulfilling its existing publicly announced commitment by the [...]

Author: admin
Jun 04
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Questions Surround $900M Raised By MBIA For Bond Insur Unit

By Alistair Barr
MBIA Inc. (MBI) raised $1.1 billion selling new shares in February and was
planning to funnel $900 million of the cash into its main bond insurance
subsidiary by next week to salvage its crucial triple-A ratings.
But on Wednesday, Moody’s Investors Service warned it may downgrade MBIA’s
ratings anyway, so the company has decided [...]

Author: admin
Jun 04
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Moody’s may downgrade MBIA, Ambac on concerns

SAN FRANCISCO (MarketWatch) — Moody’s Investors Service said Wednesday it may
downgrade the Aaa insurance financial strength ratings of MBIA Inc.’s and Ambac
Inc.’s insurance units. Also, Moody’s said it may downgrade Ambac Financial
Group’s Aa3 debt ratings, and the Aa2 surplus note rating of MBIA Insurance Corp.
and the Aa3 ratings of MBIA Inc. The moves reflect Moody’s [...]

Author: admin
May 28
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Ripplewood Holdings Mulls Monoline Business -NY Post

Ripplewood Holdings Mulls Monoline Business -NY Post
Last Update: 5/28/2008 11:32:35 AM
DOW JONES NEWSWIRES
Ripplewood Holdings is in early discussions on creating a so-called monoline
insurance venture to compete with the likes of Ambac Financial (ABK) and MBIA
Inc. (MBI), the New York Post reported Wednesday on its Web site, citing people
familiar with the situation.
Ripplewood declined comment.
Ripplewood would look [...]

Author: admin