I somehow missed this post earlier. Thanks for the color. I agree with you on the ratios. I probably should go through the others and see what theirs are. (Maybe this weekend).
Someone had mentioned something about $200M in the footnotes as something that had happened after the financial statements due to the end date but before publication. I cannot seem to find that message now and I've gone through the footnotes that I can find. Anybody else know what this is?
My wish for 2016 is not for Syncora to allow a dividend but instead for the NYSID to allow them the flexibility to buy back massive amounts of their surplus notes at a discount. That would grow the book value massively in the next few years.
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