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Monday, May 12, 2008

MBIA Posts $2.4 Billion Loss

by Calculated Risk on 5/12/2008 09:39:00 AM

From Bloomberg: MBIA Posts Loss of $2.4 Billion as CDO Slump Deepens

MBIA Inc. ... posted a net loss of $2.4 billion as the slump in mortgage securities deepened.
The beat goes on.

Posted by Calculated Risk on 5/12/2008 09:39:00 AM