Breaking News

Lawsky poised to act on ailing mbia

Time has just about run out for MBIA Insurance Corp. — once one of the country’s most respected specialty insurers.
New York state regulators are poised — within “weeks or perhaps days” — to seize the company’s money-losing mortgage insurance arm because it is running out of cash, a source close… …read more
Source: NY Post

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Posted by on May 2, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.