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The insolvency of a bond insurer that has guaranteed $155bn of bonds has been averted after XL Capital , the Bermuda-based insurance company, agreed
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At 43, Tallahassee homemaker Gena Grant is unemployed and raising two young children on her own.
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A deal to cut the obligations of Security Capital Assurance may become a template to resolve similar problems plaguing the rest of the bond-insurance
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XL Capital plans to raise $2.5 billion selling new stock and other securities as part of a plan to extricate itself from agreements with struggling b
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Merrill Lynch & Co. said late Monday that it plans to raise $8.5 billion selling new common stock as the brokerage firm tries to bolster its capital
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