Exhibit 99.1

FINANCIAL SECURITY ASSURANCE INC. AND SUBSIDIARIES

Consolidated Financial Statements and Report of Independent Registered Public Accounting Firm
December 31, 2005

FINANCIAL SECURITY ASSURANCE INC. AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS
AND REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

YEARS ENDED DECEMBER 31, 2005, 2004 AND 2003

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM		1
CONSOLIDATED FINANCIAL STATEMENTS:
Consolidated Balance Sheets		2
Consolidated Statements of Operations and Comprehensive Income.		3
Consolidated Statements of Changes in Shareholder’s Equity.		4
Consolidated Statements of Cash Flows		5
Notes to Consolidated Financial Statements		7

The New York State Insurance Department recognizes only statutory accounting practices for determining and reporting the financial condition and results of operations of an insurance company, for determining its solvency under the New York Insurance Law, and for determining whether its financial condition warrants the payment of a dividend to its stockholders. No consideration is given by the New York State Insurance Department to financial statements prepared in accordance with accounting principles generally accepted in the United States of America in making such determinations.

Report of Independent Registered Public Accounting Firm

To Board of Directors and Shareholder
of Financial Security Assurance Inc.:

In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations and comprehensive income, changes in shareholder’s equity, and cash flows present fairly, in all material respects, the financial position of Financial Security Assurance Inc. and Subsidiaries (the “Company”) at December 31, 2005 and 2004, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2005 in conformity with accounting principles generally accepted in the United States of America. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

As discussed in Note 20 to the consolidated financial statements, in 2003 the Company changed its method of accounting for its interest in certain variable interest entities.

/s/ PricewaterhouseCoopers LLP
New York, New York
March 24, 2006

FINANCIAL SECURITY ASSURANCE INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)

	As of
	December 31, 2005			December 31, 2004
ASSETS
Bonds at fair value (amortized cost of $4,208,011 and $3,838,115)		$	4,370,469		$		4,089,911
Equity securities at fair value (cost of $54,370 and $54,300)		54,370			54,300
Short-term investments		133,283			115,596
Variable interest entities’ bonds at fair value (amortized cost of $1,155,832 and $1,342,489)		1,155,992			1,346,355
Variable interest entities’ guaranteed investments contracts at fair value (amortized cost approximates fair value)		1,021,791			961,925
Variable interest entities’ short-term investment portfolio		2,674			1,194
Total investment portfolio		6,738,579			6,569,281
Assets acquired in refinancing transactions:
Bonds at fair value (amortized cost of $5,945 and $151,895)		9,145			157,036
Securitized loans		296,965			369,750
Other		161,763			222,150
Total assets acquired in refinancing transactions		467,873			748,936
Cash		10,376			10,005
Deferred acquisition costs		335,129			308,015
Prepaid reinsurance premiums		865,192			759,191
Reinsurance recoverable on unpaid losses		36,339			35,419
Other assets		1,162,562			1,125,619
TOTAL ASSETS		$	9,616,050		$		9,556,466
LIABILITIES AND MINORITY INTEREST AND SHAREHOLDER’S EQUITY
Deferred premium revenue		$	2,380,600		$		2,101,248
Losses and loss adjustment expenses		205,718			179,941
Variable interest entities’ debt		2,708,773			2,853,963
Deferred federal income taxes		238,342			253,772
Notes payable to affiliate		463,575			753,614
Surplus notes		108,850			108,850
Minority interest		254,123			300,052
Accrued expenses and other liabilities		353,643			307, 791
TOTAL LIABILITIES AND MINORITY INTEREST		6,713,624			6,859,231
COMMITMENTS AND CONTINGENCIES
Preferred stock (5,000.1 and 0 shares authorized; 0 shared issued and outstanding; par value of $1,000 per share)
Common stock (400 shares authorized; issued and outstanding; par value of $37,500 per share)		15,000			15,000
Additional paid-in capital—common		841,828			839,077
Accumulated other comprehensive income (net of deferred income taxes of $58,198 and $88,057)		108,082			170,620
Accumulated earnings		1,937,516			1,672,538
TOTAL SHAREHOLDER’S EQUITY		2,902,426			2,697,235
TOTAL LIABILITIES AND MINORITY INTEREST AND SHAREHOLDER’S EQUITY		$	9,616,050		$	9,556,466

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.

FINANCIAL SECURITY ASSURANCE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(in thousands)

	Year Ended December 31,
	2005		2004	2003
REVENUES:
Net premiums written	$	604,411	$