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MBIA Says It Can Weather Slump, Doesn't Need Bailout (Update2)

Story date: 2008-02-14 05:46:00
Added on: 2008-02-14 06:20:31


Bloomberg - CDOs repackage assets such as mortgage bonds and buyout loans into new securities with varying risk. As the value of some CDOs plummet, ratings companies are pressing the insurers to add more capital. MBIA last month reported a fourth ...


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