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Congress passed changes in net-operating loss carryback rules, extending the carryback provision from 2 years to 5 years.
The article lists PMI and Ambac as some of the biggest beneficiaries, but Radian will be a big beneficiary too! On their conference call, Ambac's management said that the gains will be used to increase statutory capital. The same should to be true for Radian, which will be a big help! http://www.businessweek.com/blogs/money_... Sentiment : Strong Buy Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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NOL Changes Will Help Radian
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alzhus101 | Not rated | 6-Nov-09 10:20 am | ||
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That isn't what RDN management said:
"Donna Hal...
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stryker_rx | Rate it | 6-Nov-09 10:47 am | ||
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Yes you need to make a NOL to claim back NOL. Not ...
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ollie.davie... | Rate it | 6-Nov-09 11:16 am | ||
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(correction: "have NOT become significant NOL...
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ollie.davie... | Rate it | 6-Nov-09 11:46 am | ||
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On further reading, seems I was wrong he...
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ollie.davie... | Rate it | 9-Nov-09 05:35 am | ||
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This is truly good news for Radian and others.
...
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sassy_girl2... | Rate it | 6-Nov-09 01:15 pm | ||
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i'd be more focused on Trups exposure at RA. ...
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tuta_hamon | Rate it | 6-Nov-09 01:21 pm | ||
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i'd worry too about the reserves they ha...
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stryker_rx | Rate it | 6-Nov-09 01:41 pm | ||
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Clearly you have never heard of tax and loss ...
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stryker_rx | Rate it | 6-Nov-09 01:40 pm | ||
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Exactly correct. Good post.
Due to t...
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getbretweir... | Rate it | 9-Nov-09 11:53 am |
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