Richard Larkin

Shares of MBIA Inc. (NYSE: MBI) and Assured Guaranty Ltd. (NYSE: AGO) were trading higher by more than 3 percent in Wednesday's premarket following encouraging news out of Puerto Rico. Shares of Assured recently traded up about 2 percent, while MBIA was nearly flat on the day. MBIA and Assured...

Director of Credit Analysis at HJ Sims & Co. Richard Larkin was just interviewed on Fox Business Network by Senior Correspondent Charlie Gasparino. He spoke about Meredith Whitney's prediction that there will be “hundreds of billions of defaults of municipal bonds.” Larkin said the prediction...