U.S. bond insurer rescue plan is expected to introduced before the rating cut

-- February 15, according to foreign media reports, the U.S. bond insurer rescue plan for new progress. According to the New York Insurance Department Director Eric Dinallo said, MBIA Inc. And Ambac Financial Group Inc. A loss of three ratings, is expected to introduced a rescue plan.

The departments concerned are trying to help the two companies was 15 billion U.S. dollars of funds, the rating was lowered to avoid the fate. And Jian Guanceng these companies will be interested in municipal bonds and secondary mortgage bond business division.

Dinallo in an interview said: "You will see the capital injection plan, or a more radical restructuring plan from now on the future, within a few months, these companies will show a different face."

Dinallo find a solution, however the short time, less than two weeks. Rating agency Moody's Investors Service said it planned to be completed by the end of the ratings of MBIA and Ambac recalled. Both the world's largest bond insurer for 1.2 trillion U.S. dollars bonds secured, and if they lose the highest level of investment grade, the United States will Lianlei thousands of schools, hospitals and local governments.