With the Dexia merger closed, Financial Security Assurance will ramp its competitive edge in both the domestic and international bond insurance markets, further increasing its penetration into asset-backed securities market, said company Chairman and Chief Executive Officer Robert P. Cochran.

"It will certainly permit us to keep more of what we insure," Cochran said. "And [it will allow us] to push ahead into markets, not from a credit, but from a market penetration perspective with the knowledge that we have a huge capital base behind us."

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