INTERNATIONAL: Monoline 'solutions' bring new risks
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In this article
- Restructuring and recapitalisation
- MBIA
- Ambac
- Bank involvement?
- Continued operational concerns?
- Accounting treatment
- Intensifying sectoral competition
- Fatal lack of diversification
- Insufficient capital infusion
- Systemic issues
- Problematic role of rating agencies
- Lack of transparency
- Pressure from municipal issuers
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