Blow for Ambac as Moody’s reviews rating


Blow for Ambac as Moody’s reviews rating

HONG KONG (Reuters)? Moody's Investors Service on Thursday placed Ambac Financial Inc, which insures more than $500 billion in bonds, on review for a possible ratings cut, an event that could trigger similar downgrades on billions of dollars of debt. A cut could mean the ratings on the bonds...

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