MBIA loses $2.3 billion on write-downs (AP via Yahoo! News)

Story date: 2008-01-31 07:08:34
Added on: 2008-01-31 07:42:27

MBIA Inc. reported write-downs of $3.5 billion on souring credit markets Thursday, exacerbating concerns that rising costs could squeeze local governments as well as slow any recovery for big banks.


Read more...

Related Stories:

• MBIA Posts Write-Downs Of $3.5 Billion (NBC 5 Chicago)

  MBIA Inc. reported write-downs of $3.5 billion on souring credit derivatives in the fourth quarter Thursday, raising the possibility that the world's...
  2008-01-31 05:39:11

• MBIA Loses $2.3 Billion on Write-Downs (IWon - Money)

  NEW YORK (AP) — MBIA Inc. reported write-downs of $3.5 billion on souring credit markets Thursday, exacerbating concerns that rising costs could...
  2008-01-31 07:41:16

• MBIA Loses $2.3 Billion on Write-Downs (AP via Yahoo! Singapore News)

  MBIA Inc. reported write-downs of $3.5 billion on souring credit markets Thursday, exacerbating concerns that rising costs could...
  2008-01-31 07:08:00

• BIG BUSINESS: MBIA posts 4Q loss of $2.3 billion on derivatives write-down, growing loss reserves (The Journal-Standard)

  NEW YORK (AP) - MBIA Inc. reported write-downs of $3.5 billion on souring credit markets Thursday, exacerbating concerns that rising costs could...
  2008-01-31 07:45:25

• MBIA Expects Further Write-Downs (AP via Yahoo! Finance)

  Continued deterioration in the credit markets in January will likely lead to further write-downs at bond insurer MBIA Inc., the company...
  2008-02-29 12:51:07

• MBIA Expects Further Write-Downs (AP via Yahoo! Finance)

  Continued deterioration in the credit markets in January will likely lead to further write-downs at bond insurer MBIA Inc., the company...
  2008-02-29 12:51:07

• Merrill posts worst quarter in its history

  Reuters - NEW YORK (Reuters) - Merrill Lynch & Co Inc reported about $16 billion in mortgage-related write-downs and ... But we...
  2008-01-17 03:38:00

• Credit Suisse Q1 write-downs of $5.3B drives $2.1B loss - Seattle Times

  Credit Suisse Group on Thursday posted a $2.1 billion loss for the first quarter as the global effects of the U.S. subprime...
  2008-04-24 03:57:00