Monday 26 November 2007

Subprime cases near 50

I was quoted in an article on the front page of the Business section in today's Daily Telegraph (a national daily newspaper in the UK with circulation just over 900,000) about the proliferation of lawsuits stemming from the U.S. subprime meltdown. This is a fast-developing story you can follow on Advisen Front Page News.

The story picks up on how Moody's and S&P have been targeted for assigning "excessively high ratings to bonds backed by risky sub-prime mortgages". All of the source material for this article came from our database of nearly 7,000 significant cases that impact the commercial insurance industry.

1 comment:

Anonymous said...

We whizzed past 50...and 60...and currently stand at 73! How can anyone survive without Advisen