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Another Bond Insurer Downgraded |
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Financial Guiaranty Insurance Co. was downgraded by Fitch to AA from AAA this week. If you are an issuer of Bonds or a holder, the downgrade of the bond insurer may have rammifications on secondary maket sales. The following is a list of bond insurers, those with "**" infront of their names indicate they are active in South Dakota.
** AMBAC Assurance Corporation ** Assured Guaranty Corp. (AGC) CIFG Assurance North America, Inc. ** Financial Security Assurance Inc. (FSA) Financial Guaranty Insurance Company ** MBIA Insurance Corporation (FGIC)XL Capital Assurance Radian Asset Assurance
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