MBIA Reports 22% Decline in 4Q Net Income; Up 2% for the Year

Smith, Aaron T.
February 2003
Bond Buyer;2/5/2003, Vol. 343 Issue 31567, p28
Trade Publication
Reports on the financial performance of parent company of bond insurer MBIA Insurance Corp. MBIA Inc. for the year 2002. Comparison of net income and diluted earnings per share of the company in the year 2002 with those of 2001; Reasons provided by chief executive officer of the company Jay Brown for the dismal performance of company in the fourth quarter of 2002.


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