Gavin Graham Ambac Financial Group Inc. ABK-N DON'T BUY Sep 17, 2008

They insure municipal bonds. Unfortunately, they also insure collateralized debt obligations backed by subprime mortgages, which is why it has dropped so much. Someone might buy this company for the expertise among its staff on the rating of municipal bonds.

Gavin Graham

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Gavin Graham Ambac Financial Group Inc. ABK-N DON'T BUY Sep 17, 2008

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Ambac Financial Group Inc.(ABK-N)

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