Replies to post #7975 on Syncora Holdings Ltd. (fka SYCRF)

[richierichstl]

mentioned on the Conf call: "So we are on schedule, -- we have conducted some initial market outreach with reinsurers as we mentioned in the comments, that follow from analysis that we had done on the merits of various reinsurance structures and reinsuring different stratifications of the portfolio. We've gotten positive feedback from reinsurers, they've been granted access to a data room are doing due diligence and we're very pleased with how that process is going. I don't think we want to put a timeframe on a reinsurance transaction, it is a priority for 2017 and we're moving ahead expeditiously on that and I said -- as I said, we feel that we're on schedule based on indicative timetables we set for this project."

Thanks, Denny! Just started listening to replay of CC.

[richierichstl]

Any thoughts on Fred Hnat?

especially going forward. Is he being installed to sell the company...

A bidding war between mbi, ago and ambc would be sweet!