Buffett offers to help bond insurers
Story date: 2008-02-11 03:58:00
Added on: 2008-02-13 19:00:39
USA Today - Instead, they pushed into more profitable yet riskier lines, such as insuring bonds backed by subprime mortgages. Rating agencies now fear that the bond insurers won't have enough cash on hand to pay out claims to bond holders in the event of a surge ...
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