Warren Buffett rides to rescue of $800bn under threat on bond ...
Story date: 2008-02-12 05:01:00
Added on: 2008-02-12 19:34:53
Times Online - ... between them after a surge in defaults on home loans fed through into a jump in insurance claims on related bonds. JPMorgan has estimated that the handful of biggest bond insurers face an eventual collective loss of about $41 billion should mortgage ...
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