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MBIA launches public finance company (Reuters)

Started by riky, February 18, 2009, 02:01:23 PM

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riky

February 18, 2009, 02:01:23 PM
MBIA launches public finance company
    (Reuters)

 

Reuters - MBIA Inc  has launched a separate bond insurance company focused on public finance and has told investors it will no longer use credit derivatives to back insurance across its businesses.


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