MBIA Inc. (MBI)
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Joseph (Jay) W. Brown, Chairman of the Board/Director/CEO/President
113 King Street
Armonk, NY 10504
US
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Overview
The Company is a provider of financial guarantee products and specialized financial services that meet the credit enhancement, financial and investment needs of its public and private-sector clients worldwide.
News Feeds
-
MBIA closes FGIC reinsurance transaction
AP
Oct 01 2008
-
MBIA reiterates it can fund termination payments
AP
Sep 22 2008
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Moody's puts MBIA unit's ratings under review
AP
Sep 19 2008
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MBIA board member David Moffett steps down
AP
Sep 11 2008
Portfolio Blogs
-
MBIA Turns Thuggish
Aug 11 2008
-
MBIA: Moody's Twists the Knife
Jun 20 2008
Press Releases
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Fitch Downgrades Two Gas Prepays in Line with Project Participants Oct-02-2008, 01:15PM EDT
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MBIA Announces Closing of Reinsurance Transaction with Financial Guaranty Insurance Company Oct-01-2008, 11:03AM EDT
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Fitch Affirms New Mexico Finance Authority PPRF Senior Revs at 'AA', Sub Revs at 'AA-' Sep-29-2008, 11:51AM EDT
News From Around the Web
News
-
Value Guru Whitman Sees Opportunity in Market Carnage
(Yahoo! Finance)Oct 10 2008 -
Funds That Avoid Disaster
(Yahoo! Finance)Oct 10 2008 -
San Francisco sues municipal bond insurers
(San Francisco Business Times)Oct 08 2008 -
Where to Find the Best Yields Now
(Motley Fool)Oct 07 2008 -
Business in the Burbs: MBIA sues Countrywide
(Journal News)Oct 07 2008 -
Oct 06 2008
-
StreetInsider.com Reporting From Value Investing Congress Today
(StreetInsider)Oct 06 2008 -
Oct 02 2008
-
Sep 18 2008
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MBIA reinsures troubled competitor's portfolio
(InvestmentNews)Aug 28 2008
Employees
Number of Employees: 486
Revenue per Employee: $6,094,494
Top Executives
Dan McManus, Other Executive Officer
Douglas C. Hamilton, Controller/Other Corporate Officer
Kevin D. Silva, Chief Administrative Officer/Vice President
Christopher E. Weeks, Vice President/Other Corporate Officer
Ram D. Wertheim, Vice President/Secretary/General Counsel
Ruth M. Whaley, Chief Risk Officer/Vice President
C. Edward Chaplin, CFO/Vice President/Vice Chairman, Subsidiary
Thomas G. McLoughlin, Vice President/Other Corporate Officer
Clifford D. Corso, Vice President/Other Executive Officer/President, Subsidiary
William C. Fallon, Other Corporate Officer/Vice President
Mitchell I. Sonkin, Vice President/Other Corporate Officer
Board of Directors
Ram D. Wertheim, Vice President/Secretary/General Counsel
John A. Rolls, Director
David A. Coulter, Director
C. Edward Chaplin, CFO/Vice President/Vice Chairman, Subsidiary
Kewsong Lee, Director
Dr. Laurence H. Meyer, Ph.D., Director
Financials
Quarterly
Annual
| Income Statement | 08/2008 | 05/2008 | 03/2008 | 10/2007 |
|---|---|---|---|---|
| Sales | NA | NA | NA | NA |
| Gross Operating Profit | 3.18 Bil. | -3.32 Bil. | -3.13 Bil. | 335.66 Mil. |
| Operating Income before D & A (EBITDA) | 3.18 Bil. | -3.32 Bil. | -3.13 Bil. | 335.66 Mil. |
| Total Income Before Interest Expenses (EBIT) | 3.18 Bil. | -3.32 Bil. | -3.13 Bil. | 335.66 Mil. |
| Total Net Income | 1.7 Bil. | -2.41 Bil. | -2.3 Bil. | -36.64 Mil. |
| Basic EPS, Total | 7.25 | -13.03 | -18.1 | -0.3 |
| Diluted EPS, Total | 7.14 | -13.03 | -18.01 | -0.3 |
| BALANCE STATEMENT | 08/2008 | 05/2008 | 03/2008 | 10/2007 |
|---|---|---|---|---|
| Cash and Equivalents | NA | NA | NA | NA |
| Total Assets | NA | NA | NA | NA |
| Total Liabilities | NA | NA | NA | NA |
| Total Capitalization | NA | NA | NA | NA |
| Cash Flow | 08/2008 | 05/2008 | 03/2008 | 10/2007 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | NA | NA | NA | NA |
| Net Cash From Investing Activities | 2.53 Bil. | -467.54 Mil. | -6.31 Bil. | -5.34 Bil. |
| Net Cash From Financing Activities | -1.92 Bil. | 236.66 Mil. | 5.28 Bil. | 4.74 Bil. |
| Net Change in Cash & Cash Equivalents | 1.05 Bil. | 26.56 Mil. | -5.54 Mil. | 96.55 Mil. |
| Income Statement | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Sales | NA | NA | NA | NA |
| Gross Operating Profit | -1.49 Bil. | 2.32 Bil. | 1.81 Bil. | 1.62 Bil. |
| Operating Income before D & A (EBITDA) | -1.49 Bil. | 2.32 Bil. | 1.81 Bil. | 1.62 Bil. |
| Total Income Before Interest Expenses (EBIT) | -1.49 Bil. | 2.32 Bil. | 1.81 Bil. | 1.62 Bil. |
| Total Net Income | -1.92 Bil. | 819.29 Mil. | 710.99 Mil. | 815.3 Mil. |
| Basic EPS, Total | -15.17 | 6.17 | 5.3 | 5.85 |
| Diluted EPS, Total | -15.17 | 6.35 | 5.18 | 5.73 |
| BALANCE STATEMENT | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Cash and Equivalents | NA | NA | NA | NA |
| Total Assets | NA | NA | NA | NA |
| Total Liabilities | NA | NA | NA | NA |
| Total Capitalization | NA | NA | NA | NA |
| Cash Flow | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | NA | NA | NA | NA |
| Net Cash From Investing Activities | -6.31 Bil. | -4.8 Bil. | -2.19 Bil. | -2.33 Bil. |
| Net Cash From Financing Activities | 5.28 Bil. | 4.19 Bil. | 1.28 Bil. | 1.55 Bil. |
| Net Change in Cash & Cash Equivalents | -5.54 Mil. | 47.57 Mil. | -133.19 Mil. | 138.69 Mil. |
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Market Cap
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