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CreditSights1824 word report
published Mar 26, 2008
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Abstract: FGIC's net insured exposures now exceed aggregate regulatory risk limits and its exposure under certain individual policies also exceeded the applicable regulatory single risk limits.
Brief Excerpt: FGIC Corporation: The Brink of Regulatory Intervention Earlier this morning, FGIC finally released its 2007 consolidated financial statements While we had been fully expecting to see ugly headline numbers, we were very surprised to...
Report Type: Company Article
Source: CreditSights Inc
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CreditSightsCreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.
