Replies to post #7963 on Syncora Holdings Ltd. (fka SYCRF)

[eddie51]

Yes! You are correct about Denny and thanks for the reply.

[DennyCrane550]

Ha, it was great times.


Will provide an update here in a bit.


So some wacky accounting changes, CDS movements, surps accretion that led to the ABV but all in all solid numbers.


Buyers (probably AGO [see many prior posts], MBIA, and AMBAC) granted Data Room Access to look at the books for a 'Large Reinsurance Transaction' -- very positive development

[rockraider3]

Everyone wants to have a beer with Denny. But I'm holding a grudge because he got me addicted to twitter. And what a cesspool that is.