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Assured Guaranty Ltd. Message Board

  • valueguy66 valueguy66 Apr 26, 2012 11:11 AM Flag

    I wish these guys would put this company

    into runoff. They could do below book buybacks and return over $40 a share to the shareholders. Why screw around with these rating agency's.

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    • I wish these guys knew how consistent, earnings-wise. They been 'all over the place'. Get a clue, AGO - or I'm out !

    • That is basically what MBIA did back in early 2009. I don't think many regulators would permit the company to do that but who knows.

    • True , but that would not fair well with the bonds.We all know who really gets $ when a company goes under now dont we?

      • 1 Reply to jetschopper
      • I am not sure what you mean. What Bonds are you talking about AGO's debt or the Bonds that they insure? They would still be on the hook. However the shareholder's would see over $40 a share and that is consevative depending how many shares they could buyback. At this stage of the game I think that putting AGO in runoff makes more sense than keping it going. Frederico in the conference calls I listened to said he agonizes over this question all the time. They are dealing with moron politicans and idiots at the rating agency's that are to late to the game and are now trying to save face by acting tuff.Take a look at Frederico's 4/13/12 presentation reponse to Moody's it is a work of art.He gives it to them right between the eyes. However they will still give AGO a downgrade because they are strict orders to downgrade everything.

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