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MBIA Inc

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  • Ambac Posts $3.3 Billion Loss, But Shares Surge Tuesday, 22 Jan 2008 | 9:25 AM ET

    Ambac Financial Group reported a quarterly loss of $3.3 billion Tuesday after recording massive credit derivative write-downs, but its shares surged after the bond insurer said it hopes to find much-needed capital "reasonably soon."

  • Ambac's Downgrade May Put Cities at Risk Sunday, 20 Jan 2008 | 1:27 PM ET

    A downgrade of bond insurer Ambac Financial Group is likely to have far-reaching effects, making it more difficult for cities to issue new bonds and forcing further write-downs at financial services companies, analysts said Friday.

  • Game Plan: Feds Need to Buy Mortgage Insurers Friday, 18 Jan 2008 | 7:25 PM ET

    Forget about tax rebates. Cramer has the stimulus package this economy really needs.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Stop Trading!: Cramer's Stimulus Package Friday, 18 Jan 2008 | 3:39 PM ET

    Washington has its plan to boost the economy, and the Mad Money host has his.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Ambac Loses AAA Rating from Fitch; On Watch at S&P Friday, 18 Jan 2008 | 11:03 AM ET

    Ambac Financial Group on Friday said it scrapped plans to issue $1 billion of new equity, in a move that may result in the bond insurer's top debt ratings getting cut.

  • Sell Block: Cash Out of the Casinos Thursday, 17 Jan 2008 | 9:09 PM ET

    Baby needs a new pair of shoes? More like baby just lost his shirt. Cramer explains why these stocks must go.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Stop Trading!: Blasé Bernanke Thursday, 17 Jan 2008 | 4:02 PM ET

    Cramer explained why the Dow was down 212 points despite promises of a stimulus package and half-point rate cut: The central bank has no sense of urgency, and the market knows it.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Stocks Suffer Worst Day This Year Thursday, 17 Jan 2008 | 3:02 PM ET

    Stocks went into another free-fall, suffering their biggest decline so far this year, as worries about the economy and subprime crisis overshadowed efforts by Washington to prevent a possible recession.

  • Ambac Shares Plummet on Potential Moody's Cut Thursday, 17 Jan 2008 | 10:34 AM ET

    Shares of Ambac Financial Group dropped as much as 65 percent on Thursday, reaching an all-time low, after Moody's Investors Service said it may cut the bond insurer's debt ratings, potentially hampering the insurer's ability to win new business and secure capital.

  • Ambac Possible Downgrade: "Death Knell" For ABK? Thursday, 17 Jan 2008 | 9:22 AM ET

    The big story this morning is in bond insurers. Bond insurers weak (again) today as Moody's placed Ambac under review for a possible ratings cut. What happened? Last month Moody's affirmed the rating with a Stable outlookaffirmed the rating with a Stable outlook.

  • Intel's Drop Will Drag S&P Down With It Wednesday, 16 Jan 2008 | 9:38 AM ET

    With the Intel disappointment, S&P futures are trading below August lows and we are now certain to see the S&P 500 -- but not the Dow -- trade at 52-week lows.

  • Sell Block: Mortgage Madness! Thursday, 10 Jan 2008 | 7:31 PM ET

    In a special Sell Block, Cramer revisits the worst performers of the subprime mortgage crisis. His new takes may surprise you.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Stop Trading!: Financial Bottom? Thursday, 10 Jan 2008 | 3:43 PM ET

    The beleaguered group looks to Cramer like it could be turning. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • On the Line: NY Insurance Superintendent Eric Dinallo Thursday, 10 Jan 2008 | 11:06 AM ET

    The country's top insurance regulator tells Cramer his plan to get the business back on track - and why he reached out to Berkshire Hathaway.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Market Insider/Thursday Look Ahead Wednesday, 9 Jan 2008 | 10:18 PM ET

    There's little chance Fed Chairman Ben Bernanke will say much to soothe the markets when he speaks on the economy Thursday afternoon. But regardless, his comments at 1 p.m. are likely to be among the most important headlines of the day and could be a big driver for markets.

  • Central Park and midtown Manhattan are shown in this aerial view Wednesday, Aug. 29, 2007, in New York. (AP Photo/Mark Lennihan)

    Warren Buffett's brand-new municipal bond insurer, Berkshire Hathaway Assurance Corporation, has sold its first coverage, backing a $10 million bond issued by New York City yesterday.  Ajit Jain, who runs Berkshire's insurance businesses, tells the New York Times, "We're tip-toeing into the market, doing very small deals. We want to see if we can get the pricing that we find acceptable to us. Once we find this is real, we'll put in a lot more capital." He also describes how a call from a New York regulator played a key role.

  • The man who oversees the insurance operations for Warren Buffett's Berkshire Hathaway tells CNBC that Berkshire is talking with troubled bond insurers like MBIA and Ambac about a possible partnership or purchase, although it doesn't sound like anything major is imminent.  Ajit Jain's comment came in response to a question from Erin Burnett in a live interview on CNBC's Street Signs about why Berkshire chose to "build" its own bond insurer rather than buy an existing company like Ambac or MBIA.

  • Stocks Rebound in Late Bargain-Hunting Wednesday, 9 Jan 2008 | 3:01 PM ET

    Stocks closed sharply higher after a late-session rally as investors piled into sectors seen as resistant to economic contraction, such as health care and staples, amid talk of recession.

  • MBIA Cuts Dividend to Preserve Triple-A Rating Wednesday, 9 Jan 2008 | 8:35 AM ET

    MBIA, the world's largest bond insurer, on Wednesday slashed its common stock dividend 62 percent as part of a plan to strengthen capital and preserve the ``triple-A'' credit ratings it depends on to operate normally.

  • Stocks Skid Back Into Correction Territory Tuesday, 8 Jan 2008 | 2:56 PM ET

    Stocks skidded back into correction territory as investors worried that the tumbling economy may not only cripple mortgage lenders like Countrywide Financial but create problems for other companies like AT&T.