Bond Insurers Brace for Buffett

Story date: 2007-12-28 08:55:00
Added on: 2007-12-28 22:00:18

Wall Street Journal - ... pummeled in recent weeks on fears they will lose their coveted triple-A ratings because of exposure to mortgage ... Some analysts said the Berkshire bond-insurer, which will guarantee the interest and principal of only U.S. municipal bonds, won't take ...


Read more...

Related Stories:

• MARKET SNAPSHOT: Stocks Recover As Bond Insurer Eases Market Fears (Nasdaq)

  U.S. stocks posted strong gains on Thursday, reversing sharp losses earlier on, as bond insurance giant MBIA Inc. tried to offset worries...
  2008-01-31 12:33:31

• Commodity Traders Drive Hiring Amid Credit Shakeout (Update1)

  Bloomberg - While the increase is equal to only 3.4 percent of the 13,100 new hires in the securities industry last year,...
  2007-10-17 05:19:00

• Bond insurer Ambac surges despite troubles

  Chicago Tribune - But when the housing bubble burst and mortgage defaults spiked, assets underlying the bonds lost value, increasing the chances...
  2008-01-22 11:53:00

• Regulator urged Berkshire to enter bond insurance market

  MSN MoneyCentral - The move by Eric Dinallo, New York state's superintendent of insurance, was made amid concerns that losses by Ambac,...
  2008-01-08 09:10:00

• Ambac talks with muni issuers to ease concerns, keep business

  Reuters - ... its triple-A rating due to exposure to troubled mortgage-related securities. Municipal bond issuers remain the bulk of the...
  2007-11-28 02:35:00

• Stocks bounce higher as bond woes ease (AP via Yahoo! News)

  Stocks bounded higher Thursday after concerns eased about hefty losses at bond insurer MBIA Inc. as did fears of potentially ruinous...
  2008-01-31 12:51:04

• MBIA Takes Steps to Keep Triple-A Rating (New York Times)

  MBIA said it would sell $1 billion of debt to preserve capital and the triple-A ratings it needs to operate in a...
  2008-01-09 06:33:38

• BAAAD NEWS BONDS

  New York Post - ... to be the painful decline in the value of hundreds of billions of dollars worth of...
  2007-11-26 12:40:00