Ambac Financial Group (ABK) missed an interest payment on its debt Monday as it scrambled to raise additional capital. The company indicated that it may file for a Chapter 11 bankruptcy.
Continue reading Ambac Financial Group Misses Interest Payment, May File Bankruptcy
Ambac Financial Group Misses Interest Payment, May File Bankruptcy originally appeared on DailyFinance on Mon, 01 Nov 2010 10:15:00.
Filed Under: Insurance