How Billionaires Make investments And Get Richer
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Published date: February 12, 2025
- Location: 8564, Malaeimi, Prince Edward Island, Switzerland
800 billion of bonds for MBIA, Ambac Financial and Monetary Guaranty Insurance coverage. Buffett's plan would allow the trio to regain a firmer financial footing and inject confidence into the debt markets. There is a catch though: Buffett only desires municipal bonds, which are at relatively low danger of defaulting. He's offering to insure low-risk debt for a hefty fee.
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