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Daily Briefing: Billionaires Club

Started by staff, March 02, 2008, 09:58:25 AM

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Daily Briefing: Billionaires Club
      


Billionaire investor Wilbur Ross has squared off with billionaire investor Warren Buffett with a $1 billion investment in bond insurer Assured Guaranty. Buffett has been actively exploring high-grade opportunities bond insurance, and Ross has been open about his plans to get into the struggling sector. Ross told CNBC he chose Assured over rival bond insurers [...]
         

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