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Thursday, December 20, 2007

Fitch puts MBIA on Negative Ratings Watch

by Calculated Risk on 12/20/2007 03:21:00 PM

From MarketWatch: Fitch puts MBIA on ratings watch negative after CDO review

Fitch Ratings put several ratings of MBIA Inc. on Rating Watch Negative on Thursday because of the bond insurer's exposure to structured finance collateralized debt obligations ...
Yes, more "closing the barn door".