Ambac Reports 4Q Net Income Down 45%; Radian Says Its Was Up 12%

Smith, Aaron T.
January 2003
Bond Buyer;1/24/2003, Vol. 343 Issue 31559, p28
Trade Publication
Compares the net income of financial companies Ambac Financial Group Inc. and Radian Group Inc. for the fourth quarter of 2002 with that of 2001. Reasons behind a decline in the net income of Ambac Financial Group Inc. in 2002; Financial performance of the two companies in 2001-2002; Stock performance of both companies as on January 23, 2003.


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