Thursday, January 24, 2008
Manulife Could Profit from Bond Insurance Turmoil: Desjardins
Financial Post, Duncan Mavin, 24 January 2008As monoline bond insurers suffer their fifteen minutes of infamy, opportunities may arise for other organizations including Manulife Financial to profit from the bond insurance industry instead.The bond insurers � which operated for years in blissful obscurity as financial guarantors to U.S. municipalities and other government agencies � have lately
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