http://moneymorning.com/2008/06/23/mbia-on-the-hook-for-7-4-billion-after-moody%e2%80%99s-downgrade/ Global Investment News Tue, 14 Feb 2012 14:47:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://moneymorning.com/2008/06/23/mbia-on-the-hook-for-7-4-billion-after-moody%e2%80%99s-downgrade/comment-page-1/#comment-9203 Inside Wall Street: The Fannie Mae/Freddie Mac Bailout is Necessary - But Don't Expect a Happy Ending Tue, 15 Dec 2009 14:17:23 +0000 http://www.moneymorning.com/2008/06/23/mbia-on-the-hook-for-7.4-billion-after-moody%e2%80%99s-downgrade/#comment-9203 [...] decided to mitigate their interest rate exposure by hedging with swaps and derivatives. They also bought insurance from the monoline insurers, expecting that their investments would be further protected by these insurers whose own capital [...] [...] decided to mitigate their interest rate exposure by hedging with swaps and derivatives. They also bought insurance from the monoline insurers, expecting that their investments would be further protected by these insurers whose own capital [...]

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