Profitable business plans are finding support from savvy investors profiting from ‘the great repricing of risk’.
I call it the ‘too profitable to fail’ club, and it seems to include most of the big names in sectors the media deemed hopeless.
MBIA To Get $1 Billion from Warburg Pincus Buyout firm Warburg Pincus has agreed to invest $1 billion in MBIA, bolstering the finances of the world’s largest bond insurer amid concern about its ability to pay claims on faltering mortgage-backed bonds.
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