MBIA to Aid Troubled Bond Insurer (New York Times)
MBIA agreed to take control of nearly $200 billion of municipal bonds currently backed by a rival bond insurer, in a move that could help its competitor avoid bankruptcy.
MBIA agreed to take control of nearly $200 billion of municipal bonds currently backed by a rival bond insurer, in a move that could help its competitor avoid bankruptcy.
October 4th, 2008 at 11:59 pm
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