Benj Gallander Ambac Financial Group Inc. ABK-N DON'T BUY Feb 09, 2010

(Market Call Minute)

Benj Gallander

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$0.630

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insurance

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DON'T BUY

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.

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Benj Gallander Ambac Financial Group Inc. ABK-N DON'T BUY Feb 09, 2010

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Ambac Financial Group Inc.(ABK-N)

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