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
Jun 02
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Regulators try to ease selling pressure on muni bonds

Regulators try to ease selling pressure on munis
Insurers can get new ratings on munis backed by downgraded bond insurers
By Alistair Barr, MarketWatch
Last Update: 6:45 PM ET Jun 2, 2008
SAN FRANCISCO (MarketWatch) — Regulators unveiled a plan on Monday that they
hope will relieve pressure on insurance companies to sell municipal bonds backed
by troubled bond insurers.
Several bond [...]

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
May 21
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Harbinger Reports Reduced Stakes In Bond Insurers MBIA, Ambac

Harbinger Reports Reduced Stakes In Bond Insurers MBIA, Ambac
Last Update: 5/15/2008 11:35:11 AM
DOW JONES NEWSWIRES
Hedge fund Harbinger Capital Partners and affiliates reported Thursday reduced
stakes in bond insurers MBIA Inc. (MBI) and Ambac Financial Group Inc. (ABK) in
their first-quarter holdings reports.
At March 31, the hedge fund group reported holding 880,300 shares of MBIA, worth
$10.8 million, down [...]

Author: admin