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Financial Institutions and Markets FIN 304

Financial Institutions and Markets FIN 304. Dr. Andrew L. H. Parkes Day 20 “How do financial markets work?”. 卜安吉. Why Is MBIA Down So Big? John Succo   Oct 25, 2007 3:45 pm. MONDAY, JUNE 25, 2007 A Mortgage Meltdown for MBIA

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Financial Institutions and Markets FIN 304

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  1. Financial Institutions and MarketsFIN 304 Dr. Andrew L. H. Parkes Day 20 “How do financial markets work?” 卜安吉

  2. Why Is MBIA Down So Big?John Succo  Oct 25, 2007 3:45 pm MONDAY, JUNE 25, 2007 A Mortgage Meltdown for MBIA DESPITE ITS REPUTATION FOR somewhat slipshod underwriting, giant municipal-bond and corporate-debt insurer MBIA seemed to have allayed investors' concerns of late by working its way out of some tough situations. THE RISK OFCDOS IS AMPLIFIED BY THE FACT that they tend to be built from lower-rated tranches of different mortgage-backed securities, classes far below … http://online.barrons.com/public/article/SB118256093145045455-TtD0a6UmUVQGApoIpTq1bVO03KI_20070728.html?mod=9_0002_b_free_features Financial Institutions & Markets, Day 20

  3. MBIA – Eliminates Dividend U.S. Insurers are expecting to split up – as predicted! Will this help? MBIA - Maybe SCA??? Mish: Reinsurance – NO! Financial Institutions & Markets, Day 20

  4. Libor – Shibor Interest Rates London Interbank Offer Rate The benchmark Shanghai Composite Index up 1.1% at 4238.18, Tuesday Feb 26. “Ping An Insurance ended up 4.1% after the insurer said it will reconsider the timing and scale of its fundraising plan.” 1 Year Libor Rate Financial Institutions & Markets, Day 20

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