MBIA (MBI) loses bid for summary judgement against BofA's (BAC) Countrywide

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MBIA (MBI) Slumps on Unfavorable Summary Judgement Call in Countrywide Case(BAC)

April 30, 2013 10:01 AM EDT

MBIA, Inc. (NYSE: MBI) shares are getting hit in early trading Tuesday following news late Monday that it lost a bid for summary judgement against Bank of America's (NYSE: BAC) Countrywide unit.

Bloomberg notes that New... More