Thanks i am on the road for awhile, not much chance to review or even print anything personal. I will be able to catch up on the weekends maybe some off time.
Switching to a new work environment. i will not have an office. What the F--- was i thinking?
Just glancing at the Op Supplement shows nothing of note (That's a good thing!). Income Statement is really irrelevant at this point. Balance sheet (which is where my focus is) surplus has increased by $250M since this period last year.
Leverage ratios decreased to 4.4 and 35 from 4.5 and 36.3 as of 12/31/15. Last year at this time it was 6.7 and 47. When does NYSID feel comfortable with this and let Syncora buy back their surplus notes.
I think really close on Leverage AGO has 45x and is considered the best... so Syncora is already there... i think just need to remove this liquidity mismatch and should be good to go
Syncora numbers are now lower SGI 1.5B on 6.5B SCAI 582m on 20.6B or whatever it is... below is Dec 2015