On the hook in event of a bankruptcy, a unit of MBIA (MBI) challenges in court Stockton, CA's...


On the hook in event of a bankruptcy, a unit of MBIA (MBI) challenges in court Stockton, CA's filing, saying the city has not negotiated with creditors in good faith and has given preferential treatment to CalPERS. Assured Guaranty (AGO) has raised the same issues, but has yet to file such in court.

Comments (3)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    giving preferential treatment to the Unions...say it isn´t so...
    9 Aug 2012, 12:22 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11164) | Send Message
     
    MBIA is set to win this one too.
    9 Aug 2012, 03:03 PM Reply Like
  • WMARKW
    , contributor
    Comments (10786) | Send Message
     
    Why does nothing like this surprise me anymore?
    9 Aug 2012, 06:01 PM Reply Like
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