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Moody's cuts MBIA Insurance to Baa1 | Markets | Markets News

Calculated Risk found this 11/7/2008 on reuters.com

NEW YORK, Nov 7 (Reuters) - Moody's Investors Service on Friday cut its ratings on MBIA Inc's (MBI.N: Quote , Profile , Research , Stock Buzz ) insurance arm and also sent ratings on the holding company's debt into junk territory, citing diminished business prospects and a weaker financial ...