This story appears in the March 4, 2013 issue of Forbes. Empty cubicles with Aeron chairs and elegant brass desk lamps fill the brown granite headquarters of MBIA in Armonk, N.Y., mute evidence of the ...
MBIA had alleged that Countrywide Home Loans, which BofA bought in 2008, misrepresented the risks of mortgage-backed securities that were insured by MBIA, leaving MBIA on the hook for huge payouts ...
Bond insurer MBIA Inc. will pay Morgan Stanley $1.1 billion to settle a two-year-old legal clash over guarantees tied to commercial and residential real estate, according to a person familiar with the ...
NEW YORK (HedgeWorld.com) - Hedge fund manager Gotham Partners Management Co. LLC issued a research report on its web site arguing that MBIA Inc., doesn’t deserve its triple-A rating. MBIA disputed ...
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(Reuters) - Morgan Stanley agreed to give up insurance claims against MBIA Inc in exchange for a $1.1 billion payment from the ailing insurer, ending a two-year legal fight over guarantees on mortgage ...
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U.S. bond insurers may lose their top credit ratings because of diminishing new business and financial inflexibility, Moody's said on Wednesday. The ratings agency put MBIA and Ambac, the two biggest ...
News that MBIA has settled its long-running litigation with Bank of America for $1.7 billion sent its shares up 38% today to more than$13 a share. MBIA will have to rise a lot more to reward Warburg ...
Welcome to the MBIA Inc. first-quarter 2020 financial results conference call. I would now like to turn the call over to Greg Diamond, managing director of investor and media relations at MBIA. Please ...
PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Friday, May 8 at 8:30 a.m. (ET) to discuss its first quarter 2026 financial results and ...
Bank of America has agreed to pay $1.6 billion in cash to bond insurer MBIA and will receive the right to buy a 4.9-percent stake in the bond insurer to resolve long-running litigation, the companies ...