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Re: Ambac 2023 bond     28-Oct-09 12:26 pm    
Domsam,

I have no idea which unit of Ambac is buying back the debt, but it's a good sign. The lawsuits could drag out for years and the commutations will take place as the defendants decide it's better to negotiate than fight it out in the courts. The Yahoo/Ambac website is not for serious investors. it's been taken over by traders and short sellers. It does has some entertainment value, but that's about it.
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tony27719

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  Subject Author Rating Time of Post (ET)  
 
From finra AMBAC Inc. 7.500 05/01/2023 1...
domsam100 Rate it 27-Oct-09 10:20 pm  
 
I believe Ambac will commute more contracts it has...
tony27719 Rate it 28-Oct-09 02:06 am  
 
Tony, do you mean that Ambac would survive a...
domsam100 Rate it 28-Oct-09 11:59 am  
 
Re: Ambac 2023 bond
tony27719 Not rated 28-Oct-09 12:26 pm  
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Assured Guaranty Ltd. (AGO)

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