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FGIC reports $392,923 net loss for September on zero revenues
By Caroline Salls
Pittsburgh, Oct. 20 - FGIC Corp. reported a $392,923 net loss for September on zero revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
The company had $11.51 million in cash and cash equivalents at Sept. 30.
FGIC, a New York-based privately held insurance company, filed for bankruptcy on Aug. 3. The Chapter 11 case number is 10-14215.
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