Report title: Monoline Monitor: MBIA & Ambac GIC Shtick, FGIC & SCA Spiraling Towards Rehab
from CreditSights
1918 word report published Jun 22, 2008

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Abstract: In our opinion, it is very likely the regulators will refuse to honor the accelerated demands on the grounds that the holders of the swaps would receive preferential treatment versus the traditional policyholders.

Brief Excerpt: Monoline Monitor: MBIA & Ambac GIC Shtick, FGIC & SCA Spiraling Towards Rehab Moody's downgrades of MBIA and Ambac below the triple-A tier are going to result in some immediate material implications for MBIA's asset/liability products...

Report Type: Sector Article
Source: CreditSights Inc
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