2008-07-22cnn.com

``Investor Wilbur Ross saw more than $100 million go up in smoke after Moody’s said it would review the rating of Assured Guaranty (AGO), the bond insurer Ross bought into earlier this year. The news that Moody’s might yank Assured Guaranty’s triple-A insurer financial strength rating sent shares of the Bermuda-based company plunging 47% in heavy trading Tuesday.''



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