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Reuters: FGIC may adjust loss reserve due to IKB lawsuit

Started by chris, March 26, 2008, 09:01:03 PM

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chris

FGIC may adjust loss reserve due to IKB lawsuit
      


NEW YORK (Reuters) - Bond insurer FGIC Corp said on Wednesday that its exposure to mortgage losses exceed legal risk limits and it may adjust loss reserves due to litigation related to German bank IKB.
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