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Ambac Kicked Out of S&P 500

Ambac Kicked Out of S&P 500

(via can-turtles-fly.blogspot.com)

Could the booting of Ambac from the S&P 500 create a value opportunity with this troubled bond insurer?

Submitted by George on Tue, 2008-06-03 20:46. | Tags:
  • Commentary
  • ABK
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  • 4 points

Look what a day will do.

Submitted by George on Wed, 2008-06-04 15:54.

Look what a day will do. Ambac is got even more problems, and this time it's serious. Moody's is downgrading it. See the new story link for details.

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