Troubled US bond insurer MBIA Inc. said Monday it had obtained a one billion-dollar capital injection from Warburg Pincus to help shore up its finances hit by losses on mortgage-related securities.
Read full story
Troubled US bond insurer MBIA gets billion-dollar injectionPosted by UK Economy News
In UK financial news
10Dec 07 Troubled US bond insurer MBIA Inc. said Monday it had obtained a one billion-dollar capital injection from Warburg Pincus to help shore up its finances hit by losses on mortgage-related securities.
Read full story No Comments Yet - You can be the first to comment!Sorry, comments for this entry are closed at this time. |
|