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Read More »MBIA to Restate Seven Years of Results
NEW YORK – MBIA Inc. (MBI), one of the world’s largest bond insurers, on Tuesday said it will restate financial results from 1998 through 2004 to correct its accounting for two reinsurance agreements with Converium Re. One agreement involved the purchase by Armonk, New York-based MBIA (search) of reinsurance to …
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