MBIA to Get $1 Billion Capital Infusion

MBIA to Get $1 Billion Capital Infusion

There are 1 comment on the NewsChannel 8 story from Dec 10, 2007, titled MBIA to Get $1 Billion Capital Infusion. In it, NewsChannel 8 reports that:

Bond insurer MBIA Inc. said Monday it will receive a cash infusion of up to $1 billion from private equity firm Warburg Pincus to help bolster its capital reserves as it braces for mounting losses and ... via NewsChannel 8

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Holiday, FL

#1 Dec 10, 2007
The way money is moving around, this survival financial strategy is looking more like a "PONZI SCHEME" and we all know what happens in the finality

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