Summary
BILLIONAIRE investor Warren Buffett singlehandedly breathed new life into global equity markets yesterday after offering to take over the liabilities of troubled bond insurers.
The 'sage of Omaha' wants to provide a second level of insurance, known as reinsurance, on up to Pounds 400bn of municipal bonds.See the full content of this document
Extract
Buffett Bond Offer Boost for Markets
This is a form of debt that is issued to investors by state and city authorities to raise fun...
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