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Real Estate & Property Law

: Housing Wire

Moody?s Takes the Axe to Ambac, Again

By PAUL JACKSON

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Those with a memory for the current credit crisis may recall the brouhaha caused by downgrades to monoline bond insurers a few months back. Moody’s Investors Service reminded markets on Wednesday evening that the monoline crisis hasn’t yet passed, downgrading Ambac Financial Group, Inc. (ABK: 1.59 -20.50%) and core insurer financial strength ratings of its [...]

Full post as published by Housing Wire on November 06, 2008 (boomark / email).

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