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CreditSights1645 word report
published Aug 19, 2008
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Abstract: In our opinion, the direction of the recent rally in major monoline securities may be justified but the magnitude of the shift seems premature.
Brief Excerpt: Monoline Monitor: The Ambac and MBIA Rally Reality Check While there is no denying there have been several positive developments, we think Ambac and MBIA are still far from back to where they were before the credit meltdown. In our...
Report Type: Sector 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.