French Banks Acquire Bond Insurance Company
Story date: 2007-11-22 04:37:00
Added on: 2007-11-22 22:50:11
New York Times - Just under half the securities backing those C.D.O.’s were backed by subprime mortgage loans. Most of the residential mortgages that CIFG insured were loans made in 2005, according to CIFG’s Web site. Yesterday’s sale of 100 percent of CIFG’s ...
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