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Reuters: MBIA shifts bond insurance business to new company

Started by chris, February 18, 2009, 06:59:12 PM

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chris

MBIA shifts bond insurance business to new company
      
   
      


NEW YORK (Reuters) - MBIA Inc, the world's largest bond insurer, is separating its municipal bond unit into a new operation as it looks to rebuild a business shattered by the subprime mortgage crisis.<div class="feedflare">
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