28-Aug-2008
Story Timeline: 98 days
Analysts' opinions on stocks in the news Thursday MBI agrees to reinsure a portfolio of U.S. public finance bonds, par value of roughly $184 billion, insured by Financial Guaranty Insurance Company. MBI will receive unearned upfront premiums of roughly $741 million. Although this transaction allays some of our near-term capital concerns, we are still wary that significant structured finance losses may result in...
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