Similar Stories to Will Puerto Rico Cause An Inadvertent “black Swan” Derivatives Melt-down? on Bing News

I really had not been paying much attention to the Puerto Rico debt situation. After all, $72 billion in debt that might go bad – big deal. The Fed can print up $72 billion in credit lines with the push of a button. But a friend of mine happened to mention to me today (Monday) that MBIA’s stock was down over 23% and Assured Guaranty’s stock was down over 13%.

Topics:  puerto rico   fed   mbia s   assured guaranty s   ambac   mbi   derivatives   debt   credit   stock   billion   
BING NEWS:
  • Puerto Rico declares state of emergency as persistent rains unleash heavy flooding and landslides
    PORT-AU-PRINCE, Haiti (AP) — Puerto Rico’s governor has declared a state of emergency following heavy rains, widespread flooding and landslides in the U.S. territory. One person has been ...
    05/9/2024 - 8:37 am | View Link
  • Puerto Rico Republicans award Trump all 23 of their delegates
    SAN JUAN, Puerto Rico (AP) — Puerto Rico’s Republican Party held a district assembly on Sunday and awarded former President Donald Trump all 23 of their national delegates. About 77% of the ...
    04/21/2024 - 11:10 am | View Link
  • Best Beaches in Puerto Rico
    Home to more than 270 miles of coastline, Puerto Rico is famous for its white sand beaches, crystal clear water and gorgeous weather year-round. Whether you're snorkeling with schools of fish or ...
    03/31/2024 - 1:00 pm | View Link
  • La Fortaleza and San Juan National Historic Site in Puerto Rico
    La Fortaleza has served as a fortress, an arsenal, a prison, and residence of the Governor-General, and today as the seat and residence of the Governor of Puerto Rico. These fortifications, which ...
    03/18/2024 - 10:45 am | View Link
  • Puerto Rico (Gran Canaria)
    Observed at 16:00, Friday 31 May BBC Weather in association with MeteoGroup, external All times are Western European Summer Time (Atlantic/Canary, GMT+1) unless otherwise stated.
    12/11/2021 - 7:43 am | View Link
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