MBIA: still one of the shakiest triple-As

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MBIA: still one of the shakiest triple-As

Monoline insurer MBIA, nearly drowned by losses on subprime mortgage-related securitisations, appears to have hoisted itself out of the river and be crawling, still covered in mire, up on to the bank. Could it slip back? Look closely at its numbers and you may not be filled with confidence.

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