Patrick McGee
Recent Stories From this Author
Ambacs Vital Signs Arent Looking Too Vital
March 4, 2010 Ambac Financial Group Inc. will not release its fourth-quarter results until March 16, but earlier this week its principal...
Syncora Statutory Surplus Falls to $99.7 Million in 4Q
March 3, 2010 Syncora Guarantee Inc. on Tuesday reported its statutory surplus declined to $99.7 million in the fourth quarter of 2009, down...
Somehow, MBIA Stayed Positive in 09
March 2, 2010 Despite ongoing litigation, less than stellar ratings and continued losses on structured finance products, MBIA Inc. managed...
MBIA Inc. Posted $242M Net Loss to Shareholders in 4Q
March 1, 2010 MBIA Inc. posted a net loss to shareholders in the fourth quarter, but gains from insured credit derivatives helped its net...
Buffett Barely Mentions Guarantor in Annual Letter
March 1, 2010 Municipal bond insurer Berkshire Hathaway Assurance Corp. garnered little attention in Warren Buffetts annual letter to...
Assureds Fourth-Quarter Earnings Surpass Forecasts
February 26, 2010 Assured Guaranty Ltd. posted record profits in 2009 as its fourth-quarter earnings handily beat estimates.
A Mixed Month for Volume
February 26, 2010 The bifurcation in the municipal market continued in February as tax-exempt debt issuance slumped compared to last year, but...
Assured Announces 4Q Operating Income of $156M
February 25, 2010 Assured Guaranty Ltd., the holding company of the two principal players in the bond insurance industry, on Thursday announced...
Health Care Vet Anne Morse Joins Janney
February 25, 2010 Health care financing veteran Anne S. Morse joined the growing public finance team at Janney Montgomery Scott LLC last week,...
Fitch Withdraws Assureds Ratings
February 24, 2010 Fitch Ratings withdrew the insurer financial strength and debt ratings of Assured Guaranty Ltd. and its subsidiaries at the...