Relevant:
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- BofA v. MBIA and the Future of Private Label Securitization
- Money Market Industry's Resistance May Hurt Companies
- This Is The Government: Your Legal Right To Redeem Your Money Market Account Has Been Denied
2008-01-25 — ft.com
'Uncertainty over the fate of the embattled bond insurance industry has in recent months caused some sleepless nights for US money market fund managers.
For decades, money market funds have bought municipal bonds and, more recently, structured finance securities that have been insured by companies such as MBIA, Ambac, FGIC and SCA.'
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