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  "documentTitle": "Assured Guaranty (AGO)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
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  "presentationDate": "2018-04-23 00:00:00",
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  "notes": "The chart uses a metaphor of an 'ice cube' melting to describe the portfolio amortization.",
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      "text": "Since the financial crisis, a majority of AGOs structured finance exposure has been resolved and the overall book has shrunk. New business production is not expected to fully replace the amortization of the existing portfolio, and the ice cube will continue to melt.",
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      "text": "Source: AGO annual reports for years presented, available at http://assuredguaranty.com/investor-information/by-company/assured-guaranty-ltd, and Greenlight calculations.",
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