The Next Worry: Bond Insurers
Story date: 2007-11-02 07:59:00
Added on: 2007-11-02 11:00:22
MSN MoneyCentral - ... of bond insurance could be the next hidden hazard to blow up in the global credit ... But a flurry of downgrades on mortgage-backed securities and CDOs has started to ... in capital it could use for potential payouts if the CDOs it insures go bad. Yet ...
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