ACA Capital Holdings has stopped trading - Is this the first monoline to go?
- Reggie Middleton
- Hits: 8023
ACA is a holding company that provides financial guaranty insurance products to participants in the global credit derivatives markets, structured finance capital markets and municipal finance capital markets. I believe it may be close to its death knell, and possibly delisted. Expect to see an announcement like this for Ambac Financial over the next 8 quarters.