MBIA says loss rate lower than Moody's assumptions - CNN Money

Story date: 2008-05-14 05:57:00
Added on: 2008-05-16 01:00:59

NEW YORK (Associated Press) - MBIA Inc.'s portfolio is experiencing a lower rate of losses than is assumed by ratings agency Moody's Investors Service, the bond insurer said Wednesday. MBIA made the statement in response to a letter issued by Moody's ...


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