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MBIA Pushes Back, Markets Applaud

31 January, 2008 Economy | @ 23:37

There’s that old joke about the new CEO of a company given three letters from his predecessor, told to use each one in numbered order, when crises occur (the original version of this involves the Russian premier, but still). MBIA officials, judging by today’s conference call, are on the second letter — t…
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