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RALPH AURORA JOINS DUFF & PHELPS FINANCIAL GUARANTY GROUP

 NEW YORK, Sept. 9 /PRNewswire/ -- Ralph R. Aurora has joined Duff & Phelps Credit Rating Co. as a senior analyst in the Financial Guaranty Group. He will be assisting Donald H. Paston, vice president, head of the Financial Guaranty Group, who joined Duff & Phelps in May 1992.
 "Aurora brings to Duff & Phelps eight years extensive experience in financial analysis, including comprehensive knowledge of municipal bond insurance. He spent the past eight years with Connie Lee Insurance Company and AMBAC Indemnity Corp.," said Paston.
 Aurora was the manager of portfolio surveillance at Connie Lee where his responsibilities included monitoring the ongoing credit quality of the insured book of business. Previously, Aurora was the manager of financial planning at AMBAC where he was responsible for financial modeling, budgeting and financial forecasts.
 He holds an M.B.A. from Fordham University, and a B.A. degree from The University of Virginia.
 Duff & Phelps Credit Rating Co. is the industry's leading institutional investment ratings and research organization. Within the structured finance community, Duff & Phelps is recognized for its expertise in rating asset-backed, commercial real estate, and residential mortgage-backed securities.
 -0- 9/9/93
 /CONTACT: Georgina Fiordalisi of Duff & Phelps Credit Rating Co., 212-908-0200/


CO: Duff & Phelps Credit Rating Company ST: New Yoek IN: FIN SU: PER

SM -- NY039 -- 0307 09/09/93 12:04 EDT
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Publication:PR Newswire
Date:Sep 9, 1993
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