Thursday, December 20, 2007

Fitch Places 173,022 Issues on Rating Watch Negative

Press Release: Fitch Places 173,022 MBIA-Insured Issues on Rating Watch Negative

Concurrent with its related rating announcement earlier today on MBIA Inc. (MBIA) and its financial guaranty subsidiaries, Fitch Ratings has placed 173,022 bond issues (172,860 municipal, 162 non-municipal) insured by MBIA on Rating Watch Negative.

Only 173,022 issues. Ho-hum.