Analysis: Detroit crisis may give lift to muni bond insurers

NEW YORK (Reuters) – At first glance, it is hard to see Detroit’s bankruptcy filing as anything but another body blow for downtrodden U.S. municipal bond insurers, which could be on the hook to investors for hundreds of millions of dollars in losses on the city’s debt.

Powered by WPeMatico

This entry was posted in World News. Bookmark the permalink.

Comments are closed.