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Published 21 months ago
Stocks jumped this week on hopes that Warren Buffett would rescue troubled bond insurers. But after a look at the details, the market fell back. Buffett’s lowball offer to reinsure muni bonds was a bet that desperate insurers will get even more... more
Stocks jumped this week on hopes that Warren Buffett would rescue troubled bond insurers. But after a look at the details, the market fell back. Buffett’s lowball offer to reinsure muni bonds was a bet that desperate insurers will get even more desperate, says MSN Money’s Jim Jubak. Hear more from Jim Jubak, the Web s #1 investing columnist, on MSN Money: http://articles.moneycentral.msn.com/commentary/byauthor/jimjubak.aspx less
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