Blogs about: Creditworthiness
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Effect of downgrading monoline on the underlying municipal bond securities
This is a big issue, and Moody’s tried to explain. A municipal security apparently will then carry whichever rating is higher (its own or the monoline). “If a security is wrapped by a fi… more »
Sidetalk
Effect of downgrading monoline on the underlying municipal bond securities
amyacheson wrote 5 months ago: This is a big issue, and Moody’s tried to explain. A municipal security apparently will then … more »
How to fix the bond insurer/monoline mess
amyacheson wrote 5 months ago: We all know the monolines (bond insurers) are a huge mess. Although they insure massive amounts … more »
How ironic - Moody's issues a caution to oil producing nations: we might downgrade your credit rating
amyacheson wrote 5 months ago: Moody’s, whilst maintaining its high ratings of the monolines, issued a stern sounding almost … more »
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