HELOC

Assured Guaranty Loses $260 Million in Q4 

Assured Guaranty, one of the few guarantors to steer clear of the current ratings mess, said Tuesday that it lost $260.1 million, $3.77/share, during the fourth quarter as the guarantor absorbed roughly $308 million in credit default swap write-offs on an after-tax basis. The fourth quarter loss compared to $42.4 million, or $.58 per share, in earnings one year earlier.