1
Its much smaller competitor, Assured Guaranty, backed about 667 issues, Merrill added.
2
Dexia has since sold its bond insurer to Assured Guaranty Ltd AGO.N.
3
Assured Guaranty refrained from insuring risky repackaged subprime mortgage bonds in recent years.
4
Representatives for Radian and Assured Guaranty did not respond to requests for comment.
5
Dexia has since sold its bond insurer to Assured Guaranty Ltd.
6
Merrill Lynch acted as adviser to Assured Guaranty on the deal with Ross.
7
Assured Guaranty Ltd has insured $162 million of debt issued by Stockton.
8
Municipal Assurance Corp, an Assured Guaranty unit, insured nearly $135 million of bonds.
9
In August, JPMorgan also resolved claims by bond insurer Assured Guaranty Ltd over mortgage-backed securities.
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Assured Guaranty funded a surety to protect against defaults.
11
FSA and Assured Guaranty AGO.N are the last two established bond insurers with top ratings.
12
The carnage left one bond insurer standing, Assured Guaranty.
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Lawyers representing RBS and Assured Guaranty declined to comment.
14
Berkowitz's firm also added shares of Assured Guaranty AGO.N, a new position in the second quarter.
15
Ross told Reuters that Assured Guaranty can use his capital to win new business from competitors.
16
FSA and Assured Guaranty Ltd AGO.N are the last two established bond insurers with top ratings.