CREDIT CRASH
Fitch to cut ratings on a number residential mortgage-backed securities insured by MBIA Inc, Ambac Assurance Corp, FGIC Corporation and Security Capital Assurance.
This is due to an "update assessment of their current exposure to RMBS, SF CDOs backed by subprime mortgage collateral and CDO-squared transaction"
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This is due to an "update assessment of their current exposure to RMBS, SF CDOs backed by subprime mortgage collateral and CDO-squared transaction"
Discuss Add this link to... Bury
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