Report title: MBIA: New Capital a Positive, But is it Enough?
from CreditSights
1008 word report published Dec 10, 2007

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Abstract: While the capital injection is not necessarily a magic bullet and will probably not be the last that the company will need to raise to cover its massive insured portfolio, it should in the very least stave off near term ratings pressures.

Brief Excerpt: MBIA: New Capital a Positive, But is it Enough? The news of the capital injection is clearly a positive development and we expect the markets to view the news favorably While the capital injection is not necessarily a magic bullet...

Report Type: Company Article
Source: CreditSights Inc
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CreditSights 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.
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