S&P Takes on Insurance Regulator

Lewis, Janet
April 2006
Investment Dealers' Digest;4/3/2006, Vol. 72 Issue 13, p8
Trade Publication
The article reports that the ratings company Standard & Poor's Corp. has disagreed with the decision of the United States National Association of Insurance Commissioners' Securities Valuation Office to classify hybrid capital issues by Lehman Brothers in August 2005 as common equity. Standard & Poor's will continue to classify hybrid capital issues as preferred stock.


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