TITLE

After Stumbling at Start of 2001, ACA Seeks Profitable Stride

AUTHOR(S)
Smith, Aaron T.
PUB. DATE
May 2001
SOURCE
Bond Buyer;05/29/2001, Vol. 336 Issue 31148, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that ACA Financial Guaranty Corp. is anticipating a profit in 2001 after its move to reduce staff and modify its business plan to expand insurance coverage into less competitive sectors and engage in structured finance. Forecast made by chief executive Michael E. Satz of company profit with its projected net written premiums on new issue municipal bond insurance; Credit ratings received by the firm.
ACCESSION #
4540248

 

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