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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (58962)1/17/2001 7:21:04 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Speaking of debt problems, MBI fesses up about their CaliUte exposure:

18:29 [MBI,EIX,PCG] MBIA SAYS MBIA-INSURED BONDHOLDERS CAN BE CONFIDENT OF REPAYMENT WHEN DUE
18:28 [MBI,EIX,PCG] MBIA INSURES $5M OF SOCAL EDISON'S NOTES, DUE 2006; $14M BONDS, DUE 2025
18:24 [MBI,EIX,PCG] MBIA SAYS IT HAS CLAIMS OF $660,000 DUE TO SOCAL EDISON'S MISSED DEBT INTEREST PAYMENT
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