bla ck friday sales S: Darren Sharper, New Orleans; Adrian Wilson, Arizona. P: Shane Lechler, Oakland. Commenters must follow our Terms of Use..The comparison between the raw percentage rise in share price and the total dollars added to each company market cap is instructive in considering which side, if either, got the better of this settlement. As investor reaction indicated, this deal was much more important to MBIA than to Bank of America. With $1.6 billion in cash from the bank, plus the remittance of $137 million in MBIA notes held by BofA, MBIA withered structured finance arm can pay back the $1.7 billion it owes the company bond insurance arm, whichfinanced settlementswith some of the banks that had challenged MBIA 2009 restructuring.
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