| Title: | INTERNATIONAL: Monoline downgrades put system at risk |
| Price: | $150.00 |
| Publication Date: | Jan 31, 2008 |
| Source: | Oxford Analytica |
| Abstract: | Declines in the credit worthiness of large bond insurers -- 'monolines' -- pose a serious threat to global credit markets. Monolines need to shore up capital, or face downgrades. |
| Brief Excerpt: | INTERNATIONAL: Monoline downgradesINTERNATIONAL: Monoline downgrades put system at risk MBIA today posted its biggest-ever quarterly loss, #.# billion dollars, raising concern that the company will lose its AAA rating. Declines... |
| Word Count: | 1481 |
| Country / Region: | International, United States |
| Topic: | economy, banking, bonds, derivatives, equities, insurance, regulation |
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| Table of Contents: | | | | GEOGRAPHIC REGIONS : International, United States | | | | TOPICS : economy, banking, bonds, derivatives, equities, insurance, regulation | | | | SIGNIFICANCE : Declines in the credit worthiness of large bond insurers -- 'monolines' -- pose a serious threat to global credit markets. Monolines need to shore up capital, or face downgrade |
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