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...There were billions of dollars of losses for the Federal Deposit Insurance Corporation when Colonial went bust in 2009....
...If growth in developed countries starts to look like a “U”, in emerging markets it already is a “V”....
...For the bond insurance industry, once a pillar of stability in the financial system, whose guarantees had fuelled borrowing in the municipal bond industry as well as the structured finance world, the SCA...
...N.V....
...If MBIA and Ambac were to lose their triple-A ratings, it would send shock waves through the financial system, as many of the bonds they guarantee are owned by banks and other financial institutions....
...Not, of course, that this applies to Mayer Brown – which is a partnership, not a corporation....
International Edition