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Thursday, December 20, 2007

Fitch Places 173,022 Issues on Rating Watch Negative

by Calculated Risk on 12/20/2007 05:38:00 PM

Press Release: Fitch Places 173,022 MBIA-Insured Issues on Rating Watch Negative (hat tip Mike)

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.