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FGIC may raise loss reserve due to IKB lawsuit (Reuters)

Started by riky, March 26, 2008, 07:01:35 PM

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riky

FGIC may raise loss reserve due to IKB lawsuit
    (Reuters)

 


Reuters - Bond insurer FGIC Corp said on
Wednesday that its exposure to mortgage losses exceeded legal
risk limits and it may raise loss reserves due to litigation
related to a stricken German bank.


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