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Financial advisor sentiment has seen less of a drop, but the latest poll did not reflect a reaction to the plunge in the stock market late last week.
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Thursday, top MBIA executives tried to calm investor anxiety about the fate of the firm, saying the stock's plunge in the last year was an over-reaction to problems facing the industry and the result of "fear-mongering" and "distortions" by self-interested investors.
FORBES: Magazine Article
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Thursday, top MBIA (nyse: MBE - news - people ) executives tried to calm investor anxiety about the fate of the firm, saying the stock's plunge in the last year was an over-reaction to problems facing the industry and the result of "fear-mongering" and "distortions" by self-interested investors.
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