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The conference call was insulting. "Sorry, we won't give out any details on our MI business because it is just part of our larger company, unlike our competitors".
You mean your competitors like GNW? Because they give out plenty of details on their MI subsidiary, even though it is a small part of their company. What do these guys have to hide? How many losses are residing in that company anyway? Are they properly reserved? Who knows? Sentiment : Strong Sell Rating :
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