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A sign of the times: Ailing bond insurer MBIA has taken credit-rating agency Fitch to task for not being more tough on muni bond insurers, notes Fortune. The firm made waves when it asked Fitch to... Read more...
The abuse of risk strikes many as a leading cause of the credit meltdown. But now, as the New York Times notes, the discomfort with risk and the need for "absolute safety" may be prolonging the... Read more...