NEW YORK,
Of the
Please describe the holding company investments in the
What collateral posting obligations exist at the holding company, investment management, insurance subsidiary, or other subsidiaries? Please schedule the amount of cash, Treasury, Agency collateral required to be posted for each entity at each letter downgrade beginning at AAA. Please describe whether the rating triggers are based on holding company or insurance subsidiary downgrades.
Please describe in detail all of your below investment grade exposure by name of obligor, gross and net exposure outstanding, S&P, Moody's, Fitch, and MBIA internal rating, and risk status, i.e., in default, breach of covenant, etc.
Please describe in detail all of your classified list exposure by name of obligor, gross and net exposure outstanding, S&P, Moody's, Fitch, and MBIA internal rating, and risk status, i.e., in default, breach of covenant, etc.
From the operating supplement, one can determine that
Please identify and describe in detail all exposures reinsured with Channel Re.
We understand that MBIA has been redeeming investors in Global Funding who have requested early redemptions at a discount. What is the total amount of such redemption requests MBIA has received? Did MBIA book any gains on these transactions?
What is the total amount of redemption requests received by MBIA relating to its municipal or non-municipal GIC business? How much of the GIC business relates to structured finance or CDOs including credit enhancement to credit linked notes, ABS, CDO and/or other structures?
The rating agencies have assumed in their models that the full
SOURCE Pershing Square Capital Management, L.P.