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MBIA Rises After Agreeing to Reinsure Municipal Debt (Update2) (Bloomberg.com)
Aug. 28 (Bloomberg) -- MBIA Inc. rose 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.
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MBIA May Rise After Agreeing to Reinsure $184 Billion of Debt (Bloomberg.com)
Aug. 28 (Bloomberg) -- MBIA Inc. may rise after the company agreed to reinsure $184 billion in municipal bonds for Financial Guaranty Insurance Co. , demonstrating its ability to win new business after losing its top AAA rating.
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MBIA Rises Most in 7 Months on Reinsurance Agreement (Update2) (Bloomberg.com)
Aug. 28 (Bloomberg) -- MBIA Inc. rose the most in seven months after the company agreed to reinsure $184 billion in municipal bonds for Financial Guaranty Insurance Co.
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MBIA Rises Most in 4 Weeks on Reinsurance Agreement (Update1) (Bloomberg.com)
Aug. 28 (Bloomberg) -- MBIA Inc. rose the most in four weeks after agreeing to reinsure $184 billion in municipal bonds for Financial Guaranty Insurance Co.
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MBIA Rises Most in 4 Weeks on Dinallo-Brokered Reinsurance Deal (Bloomberg.com)
Aug. 28 (Bloomberg) -- MBIA Inc. rose the most in four weeks after New York State Insurance Superintendent Eric Dinallo helped broker an agreement for the company to reinsure $184 billion in municipal bonds for Financial Guaranty Insurance Co.
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MBIA Rises After Agreeing to Reinsure Municipal Debt (Update1) (Bloomberg.com)
Aug. 28 (Bloomberg) -- MBIA Inc. rose in Europe after the company agreed to reinsure $184 billion in municipal bonds for Financial Guaranty Insurance Co.
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Open house scheduled at Elk Grove AAA branch (Elk Grove Citizen)
According to AAA Market Executive Peter Mueller, the Elk Grove branch office will hold an open house Aug. 27 to celebrate more than 25 years of service to its members.
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U.S. Labor Day Travel Likely to Drop, Continuing Summer Slide (Bloomberg.com)
Aug. 29 (Bloomberg) -- Labor Day weekend holiday travel probably will decline as the U.S. summer driving season comes to a close the way it began, curbed by high gasoline prices and a weak economy.
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Team Notes (USA Today)
giants
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Banking and Financial (Mondaq)
When the Federal Deposit Insurance Corporation (the "FDIC") issued its Interim Final Covered Bond Policy Statement on April 15, 2008, they gave the market something to talk about, and talk they did.
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