Bond Insurers Stray Into Kanjorski’s Crosshairs; Face Congressional Scrutiny, Oversight on Multiple Levels
February 8, 2008
The subprime contagion continued to infect bond insurers this week, with another round of ratings downgrades and more government scrutiny and criticism fueling a fresh drive on Capitol Hill for greater regulatory oversight. Rep. Paul Kanjorski, D-PA, chairman...