Ambac Financial Group (ABK) is on track to meet Moody’s Investors Service’s AAA target capital ratio by the end of the second quarter, the company’s chief executive stated Wednesday. Bond insurer Ambac relies on a strong credit rating in order to win business. The current credit crisis has put pressure on several bond insurers’ ratings, including Ambac, which retains the […] For more visit Source:www.investment-blog.net

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This entry was posted on Wednesday, April 23rd, 2008 at 6:15 pm and is filed under Investment News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.