TITLE

MBIA Talks 2Q Gain; Ambac Still Warns of Bankruptcy

AUTHOR(S)
McGee, Patrick
PUB. DATE
August 2010
SOURCE
Bond Buyer;8/11/2010, Vol. 373 Issue 33365, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the warning of MBIA Inc.'s chief executive officer (CEO) Jay Brown regarding bankruptcy protection of Ambac Financial Group Inc. in the U.S. It notes that the CEO has warned investors that its company have proven the durability of balance sheet. It mentions that the financial firm holds the third largest insured public finance portfolio in the in the country.
ACCESSION #
52981241

 

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