More ratings pain for monoline FSA despite cash boost
Financial Security Assurance, the New York-based monoline insurance company that is part of the Dexia Group, has seen its AAA rating put on negative outlook by Standard & Poor's.
The monoline announced its financial results on August 6, revealing a net loss of $330.5 million for the second quarter this year. At the same time, it announced that it is to wind up its remaining structured finance
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