Research Recap Review of Recent Bond Insurer Concerns

The bond insurers (MBIA, Ambac, FGIC, etc) have been under attack over the past few days, with Moody's issuing a negative report yesterday that MBIA could lose its coveted AAA rating based on the prospect of massive losses in some of the products that MBIA has insured.

For a summary of the situation, see Research Recap's post on its blog today.