Ambac CEO....

Discussion in 'Stocks' started by ASusilovic, Mar 7, 2008.

  1. ASusilovic

    ASusilovic

    Ambac CEO: Company has $16.5 bln in claims-paying ability

    Ambac CEO: No possibility company could fail to pay a claim
     
    #1     Mar 7, 2008
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  2. pumpanddumper

    pumpanddumper

    This is bad and more dilution.
     
    #2     Mar 7, 2008
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  3. greddy

    greddy


    There is no such is thing as "no possibility"
     
    #3     Mar 7, 2008
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  4. Mvic

    Mvic

    What's their total exposure again? Oh yeah, $556B

    $16.5B is a drop in the bucket. They will be lucky to survive.
     
    #4     Mar 7, 2008
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