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MBIA Breakup Trial To Put NY Regulators On The Defensive

By Eric Hornbeck (May 11, 2012, 5:08 PM EDT) -- A trial spearheaded by Bank of America Corp. that kicks off Monday will put New York's insurance regulators in the hot seat, forcing them to answer tough questions about why they approved troubled bond insurer MBIA Inc.'s 2009 restructuring to the chagrin of its bank policyholders, experts say....

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