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Assured's MBS Win May Force Wave Of Bank Settlements

By Jake Simpson (February 7, 2013, 7:51 PM EST) -- Assured Guaranty Corp.'s $90.1 million victory over a Michigan bank it accused of misrepresenting the quality of roughly $900 million in residential mortgage-backed securities covered by Assured could open the floodgates for similar litigation and leave global banks facing comparable suits far more inclined to settle, experts said Thursday....

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