Some see conflict of interest in Ambac's role in New Britain, Conn., swap

Kaplan, David; Reynolds, Katherine M.
February 1998
Bond Buyer;02/04/98, Vol. 323 Issue 30324, p40
Trade Publication
Focuses on financial advisers' allegation of a conflict of interest from Ambac Assurance Corp.'s dual role as insurer and swap provider in the $40 million interest rate swap by the city of New Britain, Connecticut. City's taxable pension obligation bonds issue; Prospective savings from the bonds; Features of the interest rate swap.


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