One of the consequences of the subprime lending crash is that bond insurers, those that underwrite bonds, will be threatened by their mortgage losses. As more and mortgage lenders report subprime writedowns, it is apparent that some of these financial institutions are being threatened in other areas of their holdings as well. MarketWatch reports on hopes of raising capital to shore up bond insurers:

During afternoon trading, the Financial Times reported that Dinallo
pressed the banks to provide $5 billion in immediate capital to support
the bond insurers and to ultimately commit up to $15 billion. Neutstadt
declined to comment on the report.