Fgic

  www.fgic.com
  www.fgic.com

Fgic Reviews

2 Reviews
4.4
2 Reviews

Recommend to a friend
Approve of CEO
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John S. Dubel
1 Rating
  1.  

    Awesome Company but caught in the financial crisis storm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - A Family Member in New York, NY
    Former Employee - A Family Member in New York, NY

    I worked at Fgic full-time (more than 10 years)

    Pros

    People, People, People. All the people in the company are so great, it is very sad to see this company goes down. Do you recall that scene from The Titanic where those group of very nice musicians continue to play and entertain people even the ship is sinking. The people remain in FGIC are those musician. Nice People, Wrong Ship.

    Cons

    It is extremely sad to see such a good company to go down like this because of the Wall Street sharks. AIG is too big to fell but little FGIC have been forgotten. Too bad.

    Advice to ManagementAdvice

    I wish you guys win all of the legal battle with those Wall Street sharks to at least keep FGIC afloat much longer. I have so many good friends still work there.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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Additional Info

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Website www.fgic.com
Headquarters New York, NY
Size 150 to 499 Employees
Founded 2003
Type Company - Private
Industry Insurance
Revenue $25 to $50 million (USD) per year
Competitors MBIA, Ambac, Assured Guaranty

Financial Guaranty Insurance Company (FGIC), like a superhero, secured the city ... well, secured the city bonds, anyway until things got really tough. The company provided credit enhancement on public finance (including transportation, state and local leases, and municipal electric utility), structured finance (asset-backed securities including mortgage and consumer loans), and global infrastructure and utility securities. FGIC has historically guaranteed the scheduled payments of principal and interest on an issuer's obligation. Founded in 1983, the company is owned by a... More

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