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MBIA Inc. Message Board

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  • nilsdegraaf nilsdegraaf Feb 19, 2010 2:34 AM Flag

    FREAKING MATH HELPS

    Note that only Ambac decreased reserves based on anticipated put backs. They did this based on statistical analysis of the affected portfolios.
    So far, MBIA has not gone this route. However, if they do you can easily expect, wild guess, another 1 billion write ups (including the 400m re CS).

 
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