Tue, May 21, 2013, 9:25 PM EDT - U.S. Markets closed
AGO has a prospective deal on the table from Flagstar or Credit Suisse or another and Moody's is holding off, waiting to see if AGO takes the offer. It may make the difference and gives Moody's cover to re-affirm AA-
Sentiment: Strong Buy
My guess is that Moody's models are so off the mark that AGO management keeps them going back to correct them. Moody's wants to downgrade but then it would be against the criteria itself.
my guess is that moody's has understood that the downgrade is a mistake and is desperately searching for a reason not to do it. I hope they find one
When Moody says early November, they meant November of next year or November of Y3K.