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  1. Desjardins Group takes $94 million writedown on ABCP holdings (Investment Executive)
    Desjardins Group reported a drop in surplus earnings for the third quarter, as a writedown on its asset-backed commercial paper (ABCP) holdings combined with weaker results at is general insurance unit.
    www.investmentexecutive.com
  2. The downgrade of a credit insurance company has increased the likelihood of its assets being seized and provided a ... (eFinancial News)
    The downgrade of a credit insurance company has increased the likelihood of its assets being seized and provided a further nail in the coffin for some of the most troubled monoline insurers, an analyst has said.
    www.efinancialnews.com
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