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9 Nov 2010, 11:50 pm by Randall Reese
After filing for chapter 11 protection yesterday, Ambac Financial Group, Inc. today filed an adversary complaint against the United States of America in the Southern District of New York bankruptcy court. [read post]
7 Mar 2008, 4:17 am
Bond insurer Ambac Financial Group Inc. said on Friday it sold $1.5 billion of shares and convertibles, protecting the company from ratings cuts but not satisfying some analysts who wanted the company to raise more. [read post]
8 Nov 2010, 2:04 pm by Randall Reese
 Read more and review the complaint here: http://www.netdocketsblog.com/2010/11/ambac-financial-group-abk-files.html#axzz14rcKFlfo Flash Player 9 or higher is required to view the chart Click here to download Flash Player now if (typeof(embedWikichart) ! [read post]
10 Nov 2010, 7:10 am
Ambac Financial Group Inc., parent of the troubled Wisconsin-domiciled bond insurer Ambac Assurance Corp., filed for Chapter 11 bankruptcy relief on November 8, 2010. [read post]
1 Nov 2010, 9:53 am
Ambac Financial Group Inc., parent of the troubled bond insurer Ambac Assurance Corp., said Monday that it is pursuing the restructuring of its debt with a group of debt holders through a pre-packaged bankruptcy filing. [read post]
11 Mar 2008, 2:41 pm
In a story posted last week on Bloomberg.com, Christine Richard and Elizabeth Hester reported that the world's second-largest bond insurer, Ambac Financial Group, Inc., managed to raise about $1.5 billion through sales of shares and convertible units. [read post]
29 Nov 2010, 12:18 am
As previously discussed here, Ambac Financial Group Inc. has filed for bankruptcy for Chapter 11 bankruptcy relief with United States Bankruptcy Court for the Southern District of New York. [read post]
23 Nov 2010, 6:29 am
As we first covered here, Ambac Financial Group Inc., the parent of the ailing Wisconsin-domiciled bond insurer Ambac Assurance Corp., filed for Chapter 11 bankruptcy relief with United States Bankruptcy Court for the Southern District of New York on November 8, 2010. [read post]
21 Feb 2008, 8:24 am
In prepared testimony to the House Financial Services Subcommittee on Capital Markets, New York Insurance Department Superintendent Eric Dinallo said that such separation is one of the proposals regulators have been discussing with struggling bond insurers, FGIC Corp., MBIA Inc., and Ambac Financial Group Inc. [read post]
16 Mar 2012, 3:00 am by Louis M. Solomon
In another recent Court of Appeals decision addressing important issues in class or collective actions, Blackrock Financial Management Inc. et al. v. [read post]
23 Jun 2011, 9:52 pm
Feds Sue Bankers Over Fall in Bonds, The Wall Street Journal, June 21, 2011 National Credit Union Administration Board sues big banks for $800M, Biz Journals, June 20, 2011 National Credit Union Administration More Blog Posts: MBIA Can Sue Morgan Stanley Over Alleged Misrepresentation of MBS Risks, Says US New York Supreme Court, Institutional Investor Securities Blog, June 14, 2011 “Skin in the Game” Mortgage Rule Announced by Federal Regulators, Institutional Investor Securities… [read post]
17 Nov 2010, 8:24 pm
For example, California’s water resources department paid $305 million to Morgan Stanley-led banks to unwind interest-rate bets that backfired, while the Bay Area Toll Authority gave bond insurer Ambac Financial Group Inc. $105 million to terminate $1.1 in billion interest-rate agreements. [read post]
20 Oct 2011, 10:11 pm
Last year, Goldman Sachs Group Inc. agreed to settle for $550 million allegations that it did tell investors that the hedge fund that helped choose a CDO’s assets also was betting against it. [read post]
7 Aug 2008, 9:15 am
  The bond insurers named in the Complaint are Ambac Financial Group Inc., MBIA Inc., XL Capital Assurance Ltd., ACA Financial Guaranty Corp., Financial Guaranty Insurance Co., and CIFG Assurance NA.According to the Complaint, a copy of which is available here, those bond insurers colluded with ratings agencies so that the ratings agencies would maintain two separate credit rating schemes:  one for corporate issuers and… [read post]