Bond Insurers

One City's 'Last And Best Chance To Avoid A Bankruptcy'

Reuters | Posted 04.29.2012

Read More: Creditors, Retirement Benefits, Moody's Investors Service, Video, Bond Payments, Bankruptcy, Wall Street, Housing Boom, Default, Reuters, Government Employees, San Francisco, Public Employee Unions, Bond Insurers, Business News

(Adds comments) By Jim Christie SAN FRANCISCO, Feb 28 (Reuters) - Stockton, California's city council approved a plan l...

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Major Insurer's Lawsuit Against Bank Of America Gets Easier

The Huffington Post | Alexander Eichler | Posted 01.04.2012

Read More: Law, Video, Subprime Mortgages, Courts, Subprime Mortgage Crisis, Countrywide Financial, Mbia, State Courts, Bank of America, Mortgage Crisis, Financial Crisis, New York State Court, Bofa, Bond Insurers, Housing Bubble, Business News

The bad news continues to pile up for Bank of America, with a New York state court issuing a ruling Tuesday that will make it easier for a major bond ...

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Pennsylvania Capital's Bankruptcy Filing Rejected By Federal Judge

AP | MARC LEVY | Posted 01.23.2012

Read More: City Council, Debt, Video, U.S. Environmental Protection Agency, Bankruptcy, Constitutional Law, Chapter 9, Budget Gaps, Bond Insurers, Pennsylvania Gov. Tom Corbett, Business News

HARRISBURG, Pa. — A federal bankruptcy judge on Wednesday threw out a petition by the City Council of Pennsylvania's debt-choked capital of Harr...

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Lehman Scandal: Where's the Follow Up?

Eliot Spitzer | Posted 05.25.2011

Read More: Chrysler, Lehman, Lehman Brothers, Aig, Bankruptcy, Repo 105, Bond Insurers, Risk-Obfuscation, The Financial Fix, Business News
Eliot Spitzer

A deeper examination of the relationship between all the audit firms and their clients on the issue of risk-obfuscation is needed. Limiting any inquiry to Lehman alone is inadequate. To start, here are a few simple questions.

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Fight Club: Ackman's Hedge Fund Vs. Wall Street's Ponzi Machine

Janet Tavakoli | Posted 05.25.2011

Read More: Aig, Pershing Square Capital Management, Jay Brown, Financial Crisis, Ambac, Financial Bailouts, Joseph Brown, William A. Ackman, Eliot Spitzer, Bill Ackman, Bond Insurers, Moody?S, Mbia, Fgic, Business News
Janet Tavakoli

If a corrupt scheme is "making money," everyone involved--from the culprits to the dupes--viciously attacks anyone who tries to expose it. Hedge fund manager Bill Ackman learned this lesson the hard way.

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The Stock Market: A (Psycho)Analysis

Fortune's Stanley Bing | Posted 05.25.2011

Read More: Berkshire Hathaway, Warren Buffett, Bond Insurers, Stock Market, Business News
<i>Fortune</i>'s Stanley Bing

If the stock market was a person, what kind of person would it be?

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Ambac Split Avoided in Capital Plan

AP | STEPHEN BERNARD and MICHAEL GORMLEY | Posted 05.25.2011

Read More: Ambac Shares, Municipal Bonds, Ambac Bailout, Triple a Rating, Common Stock, Ambac Rating, Ambac, Ambac Financial, Ambac Triple a Rating, Bond Insurers, AAA Rating, Business News

NEW YORK — Ambac Financial Group Inc.'s plan to try to sell $1.5 billion in stock in a bid to safeguard its critical "AAA" financial-strength ra...

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Ailing Ambac To Get $3 Billion Bailout

Bloomberg | Cecile Gutscher, Erik Holm | Posted 05.25.2011

Read More: Credit-Rating Downgrades, Ambac Financial, Bond Insurers, Ambac Bailout, Investor Expectations, Mbia, Ambac, Business News

Ambac Financial Group Inc. rose to the highest in two weeks on investor expectations the bond insurer may be rescued from crippling credit-rating down...

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Billionaire Ross Eyes Ambac

Reuters Via CNBC | Posted 05.25.2011

Read More: Ambac Financial Group, Corporate Bonds, Subprime Lending, Bond Insurers, Wilbur Ross, Business News

Billionaire Wilbur Ross is in serious talks to take over Ambac Financial Group, according to a media report, but broader efforts to rescue the sector ...

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Troubled Bond Insurers Could Become Source Of Next Financial Crisis

New York Times | VIKAS BAJAJ and JENNY ANDERSON | Posted 05.25.2011

Read More: US Economy, Federal Reserve, Stock Market, Bond Insurers, US Economic Policy, Business News

Even as stocks ended five days of losses with a surprising recovery on Wednesday, officials began moving to defuse another potential time bomb in the ...

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