US sub-prime losses to pull down Bond Insurers' Ratings - Instablogs
US sub-prime losses to pull down Bond Insurers' Ratings
Arpita Mukherjee , Kolkata: Dec 6 2007
Made Popular Dec 6 2007
The sub-prime loss is all set to plunge the US economy to its worst ever crisis. In a latest review conducted by the ratings agency, Moody, the Wall Street banks have suffered a combined loss of about $110 billion on bonds backed by high-risk...
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Tags: sub-prime crisis, MBIA, Ambac, Moody
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