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Subject:
Item Title: The Municipal Bond Insurers Crisis
Summary:
The potential downgrading among at least eight bonds insurers has caused a flurry of media speculation. MBIA and Ambac are leading the pack in attempting to ward off potential credit-rating downgrades. The announcement that at least six triple-A rated guarantors have a shortage of capital has caused a loss of confidence and falling stock prices for the firms in question.

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