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Tuesday, February 12, 2008

The thin green line

Star Tribune Tue, 12 Feb 2008 13:22:29 GMT
Buffett offers to reinsure $800 billion in municipal bonds to help Ambac, MBIA and others

OMAHA, Neb. - Billionaire investor Warren Buffett said Tuesday that he has offered to help out troubled bond insurers by offering a second level of insurance on up to $800 billion in municipal bonds.

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