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[QUOTE]Originally posted by BooDog: [QB] "SCA -no bottom signal as yet." There's always a bottom somewhere... Bond insurers have days to re-capitalize, Spitzer says By Alistair Barr Last update: 12:32 p.m. EST Feb. 14, 2008Print RSS Disable Live Quotes SAN FRANCISCO (MarketWatch) -- Bond insurers have four to five business days to re-capitalize themselves enough to keep their crucial AAA credit ratings, New York Governor Eliot Spitzer said during a Congressional hearing on the $2.4 trillion industry on Thursday. If that doesn't happen, regulators will have to step in and separate bond insurers' municipal businesses from their more troubled structured finance units. "We will need to move in that direction. It is not our first choice but time is short," Spitzer said. "In the next for or five bus days we would like to see a resolution," Spitzer added. "It's time for deals to get done." Companies in this story AMBAC Inc (ABK) MBIA Inc (MBI) Aca Capital Holdings Inc (ACAH) Security Capital Assurance (SCA) Blackstone Group L P (BX) [/QB][/QUOTE]
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