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MBIA financing bonds with Pittsburgh Crack Houses

Mon, 12/04/2006 - 4:10pm — Xenophon

Why is MBIA controlling the city of Pittsburgh? More importantly how close is MBIA coming to controlling your city or state? Caught this on Karmabanque. MBIA is collateralizing its bonds with crack houses and holding the city of Pittsburgh at bay.  Read more…

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