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My vote for the most unjustly maligned financial sector stocks goes to the bond insurers, which guarantee principal repayment and interest for most municipal bonds.
FORBES: Buy Some Insurance
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Jones, Mr Smith and sundry others, mixed them all up into just the one bond (and we did this multiple times), stuck a guarantee on it and then assumed it would be safe.
FORBES: Solving the Euro: the Mother of All CDOs
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The government's export credit agency, the Export Credits Guarantee Department (ECGD), will launch an Export Working Capital Scheme, a Bond Support Scheme, and will support banks offering foreign exchange hedging contracts to SMEs by sharing credit risk.
BBC: Cable gives details to MPs of plan to boost UK exports
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When the U.S. Treasury and Federal Reserve Board decided to guarantee bank debt and inject capital into our major banks, it started a chain reaction in several sectors of the bond market.
FORBES: Magazine Article