All posts tagged "MBIA"
Bond insurer MBIA sues Wall Street banks for ‘misconduct’ as Puerto Rico debt underwriters
Among those sued are UBS, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley, Merrill Lynch and Santander
- Posted August 8, 2019
Bond insurer asks Puerto Rico fiscal board to put utility under receivership
Says 'ouster of independent Prepa Board members has...plunged Prepa into crisis'
- Posted July 19, 2018
[Editorial] Let’s Make a Deal
When Gov. Ricardo Rosselló’s communications brigades announced that “a deal in principle” had been struck between the Puerto Rico Electric Power Authority (Prepa) and the creditor groups, this newspaper was quick to denounce that several loose ends...
- Posted April 12, 2017
Federal Judge Declines Commonwealth’s Lawsuit Stay Requests
SAN JUAN – U.S. District Court Judge Francisco Besosa declined Friday notices of Automatic Stay filed by the commonwealth to freeze lawsuits filed by a bondholders group and three firms to invalidate the Puerto Rico Emergency Moratorium...
- Posted July 8, 2016
MBIA Reports 1st Quarter 2016 Financial Results
COO says company continues to strive for resolutions for its Puerto Rico credits, but progress is slow as Congress debates
- Posted May 9, 2016
US Stocks Drift to a Mixed Close in Quiet Pre-Holiday Trade
NEW YORK – Stocks closed slightly lower in extremely light trading Thursday as investors remained on the sidelines ahead of Christmas. The price of crude oil continued to recover. The Dow Jones industrial average fell 50.44 points,...
- Posted December 24, 2015