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Bear Stearns, Merrill in Talks to Rescue ACA Capital, NYT Says

Story date: 2007-12-19 04:30:00
Added on: 2007-12-19 09:00:16


Bloomberg - Dec. 19 (Bloomberg) -- Bear Stearns Cos. and Merrill Lynch & Co. are among several major banks in talks to bail out ACA Capital Holdings, a bond insurance company that has guaranteed $26 billion in mortgage securities, the New York Times reported ...


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