Sentences with phrase «municipal guarantee business»

Now, maybe the rating agencies will say that because Ambac can now write new municipal guarantee business, the holding company itself deserves a higher rating, like AA - / Aa3, and thus Connie Lee can get a AAA / Aaa.

Not exact matches

Last year his business holdings collapsed as Singh, deeply in debt, was accused of 13 federal charges, including bribing an Oyster Bay official to obtain millions of dollars of municipal loan guarantees.