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Gloomy outlook for financial guaranty industry
24 February 2010
Moody’s has a negative outlook for the financial guaranty industry in 2010.
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financial guaranty
Moody’s has a negative outlook for the financial guaranty industry in 2010. Despite some encouraging signs, particularly in the demand for bond insurance, the rating agency is cautious about the market.
Uncertainty about guarantors’ ultimate losses, a sluggish economy and changing competitive dynamics of the industry are all cited as reasons for...
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