There seems to be some misunderstanding on this Board about the PR put out by Syncora. The following is a direct quote from the PR
“the Company expects, in its 2013 annual statutory financial statements, to remove
its disclosure regarding substantial doubt about the Company's ability to continue as a going concern over the next twelve months. Thereafter, and especially beginning from 2017, the Company continues to face a potential "liquidity mismatch" between expected claim payments in the earlier years, followed in later years by recoveries of these claims payments.”
So there are saying that the entire mismatch issue is going away ...they no longer expect there to be a liqudity mismatch in 2017 or any other year
I read it as: Company will remove "going concern" for 12 months in 2013, (company is good for 2014). After that the company continues to face a potential "liquidity mismatch": 2015, 2016, and specially 2017. Obviously, the hope is that the company during 2014-2017 starts writing new business/other settlements etc.
A**hole alert!!! How can you, or let me ask differently, who are you to be telling someone that they are a moron or idiot? That honestly is really rude, and I think you should apologize for saying that to someone!