Results tagged “bond insurers” from Dealbreaker
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Ambac’s Backstop: Would You Rely On These People?
Posted in Ambac, Mar 06, 2008, 2:52pm
Posted by John Carney
Ambac and government officials, clearly dismayed at the skepticism over the $1.5 billion rescue financing plan announced yesterday, have been spreading the word that the banks underwriting the deal have agreed to “backstop” the deal if market demand for the...