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- Nov. 5 (Bloomberg) -- MBIA Inc. and Ambac Financial Group Inc. , the bond insurers crippled by credit-rating downgrades, posted wider losses than analysts anticipated after slumping credit markets forced them to increase reserves for claims.
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- NEW ZEALAND will guarantee overseas debt sales by the nation's banks to help maintain access to international wholesale funding, Finance Minister Michael Cullen said. The guarantee will be available for investment-grade institutions seeking funds in ...
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