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- How municipal bond insurance works
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(Alternative title: 10,000?!?!)The sub-prime woes of 2007 have thrust bond insurers into the spotlight, and for the first time really calling into question the utility of municipal bond insurance. I have received a number of e-mails and comments from municipal bond investors expressing concern over the quality of their portfolio. I thought it would therefore be useful to discuss how muni insurance works, and what the decline of any municipal insurer would mean for municipal credit quality….
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3 January, 2008| Economy |
@ 22:20
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