Sentences with phrase «of financial guarantors»

After completing a test of the financial guarantors on Dec. 19, S&P put the AAA ratings of MBIA, Ambac, Security Capital Assurance Ltd. and CIFG Financial Guaranty on negative outlook.
12) Give the guys at Dexia some credit for being opportunistic during the crisis of financial guarantors... they had the balance sheet, conservative posture, and the team ready to take advantage of the dislocation in their subsidiary FSA.
The main point to bring out is that the rating agencies earned extra money through their ratings of the financial guarantors, which were overrated, and allowed them and the financial guarantors to profit from the need for ratings and financial guarantee insurance.
In the fourth quarter of 2007, deterioration in the RMBS and CDO sectors resulted in the major rating agencies reassessing the capital adequacy ratios of financial guarantors to reflect deterioration in the expected performance of transactions within the financial guarantors» insured portfolios.
As perceived risks rose with the sagging prospects of the financial guarantors, fewer market players wanted to buy the short term debt, because the collateral underlying the short term debt no long had high enough ratings.
I am certainly not a fan of the financial guarantors, but they are here.
2) What of the Financial Guarantors?
Berky had an opportunity with almost all of the financial guarantors kicked to the curb.
4) Though this is a test of the financial guarantors, it is also a test of the rating agencies, which are in damage control mode now.
The ratings agencies are an inherent part of the business model of the financial guarantors.
Now that Ajit Jain says that Berky might buy into one of the financial guarantors, I am not going to say that I predicted that, because I didn't.
I quote S&P from a paragraph entitled, «Time is On Their Side,» in their December 19, 2007 report: «Detailed Results of Subprime Stress Test of Financial Guarantors
4) Even in a bailout of financial guarantors, current shareholders may find themselves diluted beyond measure.
The thing is, there are enough levers here that GM can keep the debt ball in the air for some time, as can many of the financial guarantors, so long as they can make their interest payments.

Not exact matches

We had to file Chapter 11, and because I was the guarantor for a lot of financial leases, I had to file Chapter 7.
Europe needs a stronger banking union, including a cross-Continental guarantor of deposits; structural reforms to improve growth prospects; more monetary easing; and better plans for budget - cutting in the countries struggling to convince global investors of their financial stability, the fund said.
This belief is so powerfully embedded in the standard equilibrium models most economists use that, strangely enough, even those of us who described the imbalances in one paragraph and in the very next paragraph insisted that a crisis was unlikely — in China's case because of the government's very high credibility and its role as financial guarantor — were automatically assumed to be predicting an imminent crisis.
In his speech yesterday, he declared himself «the guarantor, whatever the outcome of the election, that no risks will be taken with Britain's financial position».
Avoid the financial guarantors, and economic areas affected by the overleveraging of our credit markets.
3) The loss of confidence in financial guarantors has not changed the operations of many muni bond funds much.
I offered him four macro topics, and he took the most topical one, Buffett's offer to reinsure the muni business of the major financial guarantors.
Create a separate class of muni insurers, distinct from financial guarantors that can guarantee anything for a fee.
The Financial Guarantors are receiving a lot of attention these days, and for good reason.
The guarantor could be a commercial bank, credit union, brokerage firm, or other financial institution that is a member of a medallion signature guarantee program approved by the Securities Transfer Association and the SEC.
Changes in the credit rating of a bond, or in the credit rating or financial strength of a bond's issuer, insurer or guarantor, may affect the bond's value.
RAM Re attempts to absorb a quote share of the liabilities of the primary financial guarantors.
Could be done, and has already happened with the Financial Guarantors, which has largely sealed the fate of the tarnished incumbents.
I believed that it would be very difficult for the rating agencies to downgrade the financial guarantors, because they were such a large part of their AAA ratings, and because they would lose money in the short run from doing so.
Unfortunately, student debt is a necessary tool for a lot of people and, if you need a financing without a guarantor, start with federal financial aid before using private financing products!
Electronic Financial Aid Library (EFAL) EFAL is a commercial product consisting of a series of information databases that contain Student Financial Assistance documents disseminated by the US Department of Education (DoEd) and the US Department of Health and Human Services (HHS) to colleges, universities, guarantors and lenders.
Similarly, the Federal Family Education Loan (FFEL) program allowed financial institutions to originate — and securitize — student loans meeting certain guidelines for students attending qualifying institutions to be insured by a set of guarantors.
Any significant negative impact on the GSEs, Financial Guarantors or Life Insurers could affect the solvency of stable value funds to the tune of one year's worth of interest.
2) There's a lot of commentary going around on the Financial Guarantors and bailouts, whether to profit - seeking individuals like Wilbur Ross, or a consortium of investment banks who will not do so well without them.
We also believe that the Company's continued insurance activity in the first two months of 2008 validates the fundamental benefits that bond insurance provides to the municipal market despite the turbulence throughout the credit markets, the rating agencies» recent rating actions and the publicity around these issues and around monoline financial guarantors in general.
As I've said before, I would not be bullish on the equities of the compromised financial guarantors.
MBIA Corp's ability to attract new business and to compete with other triple - A rated financial guarantors and its results of operations and financial condition would be materially adversely affected by any actual reduction, or additional suggested possibility of a reduction, in its ratings.
On January 17, 2008, S&P released updated results to its Bond Insurance Stress Test for financial guarantors in light of its revised assumptions for subprime - related exposures.
Now the City of Los Angeles is bringing a suit against the financial guarantors for forcing them to buy unnecessary municipal bond insurance.
His suit as currently constructed will fail, unless he shows that the journalistic speech of the rating agencies is at least partly driven by commercial concerns, and they implicitly profit through their symbiotic relationship with the financial guarantors, who were too highly rated for too long as a result.
Our emphasis has shifted from being a top guarantor of new student loans to providing student and financial aid related solutions to the higher education industry through our new division, Inceptia.
There are a variety of weak finance companies that suffer in this environment, mostly due to their own foolishness: Chrysler, Ford, GM, AIG, mortgage insurers, and financial guarantors.
If at any time any member of the XYZ Limited group guarantees the obligations of any other member of the XYZ Limited group in respect of financial indebtedness, that guarantor will also guarantee the obligations of XYZ Limited under XYZ bonds (for so long as the first - mentioned guarantee by the member of the XYZ Limited group remains in place).
As a report from the Global CCS institute points out, financing this new infrastructure will be difficult to accomplish using debt because of uncertainty as to CO2 revenues — the report suggests that the World Bank and international lending institutions could finance CCS projects, and «the role of national governments can be as guarantors, equity partners or financial supporters.»
However, you must have already declared yourself emancipated and provided Proof of Financial Responsibility (SR 1P) in lieu of your guarantors»
Conducts patient / guarantor interviews, explains hospital polices, financial responsibilities, privacy practices HIPPA and patient bill of rights.
Lenders underwrite their commitments partially based upon the financial worth of the borrowing entity and, usually, guarantors.
a b c d e f g h i j k l m n o p q r s t u v w x y z