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  • Buffett Starts Up Bond Insurance Unit Friday, 28 Dec 2007 | 1:07 PM ET
    Warren Buffet

    Warren Buffett's Berkshire Hathaway is starting a bond insurer that would help state and local governments lower their borrowing costs, posing a direct challenge to established rivals struggling with deteriorating credit markets.

  • ACA Unit Taken Over by Maryland Regulators Thursday, 27 Dec 2007 | 11:47 AM ET

    ACA Capital Holdings said Maryland state regulators will now make many significant business decisions for its main bond insurance unit, as the bond insurer tries to stave off a cash crunch.

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