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Home : MSN Newsfeeds : MBIA Rises After Agreeing to Reinsure Municipal Debt (Update1) - Bloomberg
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MBIA Rises After Agreeing to Reinsure Municipal Debt (Update1) - Bloomberg
Aug. 28 (Bloomberg) -- MBIA Inc. rose in Europe after the company agreed to reinsure $184 billion in municipal bonds for Financial Guaranty Insurance Co. , winning new business after losing its top AAA rating. MBIA, the largest bond insurer, jumped ...