MBIA aims to assure on cash as rating pressure grows (Reuters)

Traders in the 10-year bond options pit of the Chicago Board of Trade signal orders in Chicago December 11, 2007. (Frank Polich/Reuters)Reuters - MBIA Inc said on Thursday it
would have the cash to meet commitments even after reporting a
worse-than-expected loss, but rating agencies kept the pressure
on the world’s largest bond insurer with a series of actions
and warnings late in the day.

Original post by Yahoo! News: Business

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