User 148443

MBIA: Moody's Twists the Knife

I'm a farily new investor, but can someone tell me why ABK and MBI are going to stay in business? Cash is great, but who is going to come to them with new business? Even if they split the company to focus on structured products and munis separately why would someone get insurance from a company that can't manage its risk? Furthermore, it sounds like their is going to be new competition in the muni market.