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Reuters: Berkshire's Jain: Risk of insuring muni bonds rising

Started by chris, March 12, 2008, 07:01:03 PM

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chris

Berkshire's Jain: Risk of insuring muni bonds rising
      


NEW YORK/WASHINGTON (Reuters) - Troubles in Jefferson
County, Alabama, and Vallejo, California, could be the "tip of
the iceberg," as economic woes raise the risk of insuring
municipal bonds, a Berkshire Hathaway official said on
Wednesday.
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