You just cant make this stuff up. Fitch have them on 'stable' outlook while moody's is saying their finished http://www.moodys.com/cust/content/...t/businesslines/financialguarantors/fg-ov.htm http://www.reuters.com/article/bondsNews/idUSWNA509820080117 http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-22310771.htm
as a sweetner MBIA main reinsurer(Channel Re) is now in accouting insolvency im sure they expect the 'market to revert and Channel to take $0 losses' http://www.marketwatch.com/news/sto...D79-B830-31143795A21D}&tool=1&dist=bigcharts&