The biggest question running around Wall St. is how much more cash is going to have to go into the sink hole of banks, brokerages, and insurance companies. The estimates for further…
Security Capital Assurance Ltd. (NYSE: SCA) has been terminated from coverage at bulge bracket firm Goldman Sachs after the company has seen shares plummet over recent months. The company noted that all…
Douglas A. McIntyre It is no great mystery that Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B) is still one of the most followed and most revered "long term value investors" on the planet. …
Assured Guaranty Ltd. (NYSE: AGO) may not be the largest household name for a bond insurer or financial guarantor when you consider the woes of Ambac Financial (NYSE: ABK) and MBIA (NYSE:…
According to Reuters, weak confidence and rising prices are fuelin stagflation fears. Reuters writes that the long fight between Microsoft (MSFT) and Yahoo! (YHOO) over a takeover will help Google (GOOG).’ Reuters…
MBIA Inc. (NYSE: MBI) just had its "re" new CEO Joseph Brown on a CNBC interview saying that he signed back on to get MBIA’s market cap back up to $10 Billion. …
Douglas A. McIntyre According to Reuters, Siemens (SI) will cut over 6,000 jobs in its telecom equipment business. Reuters writes that MBIA (MBI) is moving to help bring stability to the credit markets. Reuters reports…
S&P reaffirmed the "AAA" ratings for both MBIA (NYSE: MBI) and Ambac (NYSE: ABK). S&P noted that MBIA was removed from CreditWatch and a negative outlook was assigned, meaning it is no…
Douglas A. McIntyre Ambac (NYSE: ABK), the down-on-its-luck muni-bond insurance company may get rescued by several large banks. If the reports are to be believed, Citigroup (NYSE: C), UBS (NYSE: UBS), and Wachovia (NYSE: WB)…
Short interest in companies traded on the NYSE increased for a number of financial firms based on positions as of February 15. The data compares to numbers on January 31 Shares sold…
If there is one seer and age-old timeless veteran in value investing, it is M.J. Whitman. His Third Avenue Management, LLC has filed its 13F with the SEC and it shows he…
MBIA (NYSE:MBI) has replaced it CEO with former Chairman and CEO Joseph "Jay" Brown, 59, who retired from the firm last May. Brown expressed some degree of confidence about the company’s prospects…
Douglas A. McIntyre The evidence comes in in pieces. One bit of bad news here and one there. Today, the FT reported that US banks had tapped the Fed’s Term Auction Facility for over $50…
The US government bailed out Chrysler all the way back in 1979. Nothing quite like it as been seen since then, but the financial sector has not been in as much trouble…
Douglas A. McIntyre According to The Wall Street Journal troubled British mortgage company Northern Rock wil be taken over by the British government. The newspaper writes "The U.K. Treasury has decided to nationalize troubled mortgage…
Douglas A. McIntyre 