Financial Guaranty Insurance Co., a subsidiary of GE Capital, yesterday
Cheryl Whaley, who recently served as president, chief executive
With General Electric, Whaley served as senior vice president of
Whaley graduated as a Durant Scholar, magna cum laude from Wellesley
In the last year, FGIC has lost its place as the leader in the bond
After two weeks of a deluge of issuance, supply drops off "given the FOMC meeting and Juneteenth holiday, so we expect investors will refocus on the secondary market and look to scoop up any value left behind in the wake of the issuance onslaught," said Birch Creek strategists.
"This case involves the discovery of a massive Ponzi-like fraud orchestrated by former GHA executive director Robert Cappelletti," plaintiffs GHA and Greater Groton Realty Corp., a non-profit affiliate of the GHA, said in an April court filing.
As the Senate Finance Committee works on the the reconciliation puzzle, attorneys, accountants, and doctors are lobbying for keeping the pass-through exemptions that provide a workaround to the cap on state and local taxes in place.
Fitch cited the authority's stronger margins in recent years.
The panel is not expected to change rates, but the dot plot will be watched to see if the Fed's prior projection of two rate cuts this year holds.
Civic Builders, a 23-year-old nonprofit charter school developer and financer, borrowed though the public municipal bond market for the first time.
