Moody's Investors Service said it has downgraded the insurance financial strength rating of Assured Guaranty Municipal Corp. (AGM) to A2 from Aa3, Assured Guaranty Corp. (AGC) to A3 from Aa3, and the Assured Guaranty Re Ltd. (AGRe) to Baa1 from A1.
A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY