Bond Insurers Still Grim - Steve Patterson

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Bond Insurers Still Grim
Jun 30, 2008 01:40 AM UTC

Steve Patterson

Return	Risk
-16.92%	MID

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Symbol	Sentiment	Start	Return	Closed
MBI		06/30/08	+0.91%	--
ABK		06/30/08	+12.69%	--

Via FastSwings.com - Steve Patterson:

MBIA Inc. (MBI) and Ambac Financial Group, Inc. (ABK) have
been at the center of the credit and housing crisis as insurers of sub-prime,
sub-A loans, and prime housing loans. Analysts continue to drop the earnings
estimates and the stocks themselves fall to new lows weekly.

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