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Ambac Financial Group, Inc. (ABK)
2008-04-29 15:45:00 Highlights from the Ambac Financial Group, Inc. (ABK) conference call held on April 23. the stock fell 40% after it reported larger that expected writeoffs: Holding Company Liquidity "Holding... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
MBIA AMBAC Shares Tell the Future
2008-03-19 01:44:00 ...these two stocks fell 93 percent on average, in a matter of months?.The past few weeks have provided plenty of fireworks and sideshows on Wall Street, culminating yesterday with the news that the Fed served as the lender of last resort to Bear Stearns by financing JPMorgan Chase's purchase of the crippled securities firm. The Fed followed up today, March 18, by dropping its benchmark interest rate 3/4 of a percentage point to 2.25 percent. And the Dow shot up 420 points. But while these fireworks were going off, the sideshow of bond insurers, Ambac and MBIA, kept playing on. Bob Prechter sees an important story in the shape of the price charts of these two companies. In his latest Elliott Wave Theorist, he discusses how the action of their stocks offers a broad hint of what may come for many stocks as inflation gives way to a steep and rapid deflation. To learn how, click the link.If banks can't get insurance for the debt business then money will be very hard to come by.
By: Secret-Teachings
Ambac’s CDO Exposure Continues To Hinder Rating From Fitch
2008-03-10 22:39:00 Ambac’s CDO Exposure Continues To Hinder Rating From Fitch Last Update: 3/7/2008 1:30:32 PM By Lavonne Kuykendall Of DOW JONES NEWSWIRES Despite raising $1.5 billion in new capital to bring claims-paying funds to more than $16 billion, a big hurdle remains between bond insurer Ambac Financial Group Inc. (ABK) and a top-drawer AAA rating ...
By: Investment Blog
Foreclosures Surge, Commodity Boom Rages On, More on Bernanke?s Subprime Ba
2008-03-06 18:06:00 by Addison Wiggin & Ian Mathias Foreclosures spike to all-time highs? which slimy mortgage product led the way Ambac?s rescue plan finally unveiled Oil and gold rocket to new highs? Kevin Kerr on what to expect next Markets alter list of world?s richest men? which famous businessman has regained the No. 1 spot Plus, readers of The 5 demand ...
Ambac Remains on Negative Credit Watch
2008-03-05 23:17:00 Daily Market Commentary for March 05, 2008 from Millennium-Traders.Com At the closing bell on the Stock Exchange, here is how the major indices ended the session on the U.S. Markets: DOW (Dow Jones Industrial Average) gain of 41.19 points on the day to end the session at 12,254.99 NYSE (New York Stock Exchange) gain of 70.96 points to end the session at 8,8962.41 NASDAQ gain of 12.53 points for a close at 2,272.81 S&P 500 gain of 6.95 points for a close at 1,333.70 FTSE All-World ex-U.S. gain of 2.08 points to close at 239.84 FTSE RAFI 1000 gain of 20.90 points to close at 5,463.57 BEL 20 gain of 60.97 points to close at 3,735.98 CAC 40 gain of 80.51 points to close at 4,756.42 FTSE100 gain of 85.8 points to close at 5,853.60 NIKKEI 225 unchanged at 12,992.30 On the NYSE today, advancers came in at 1,848, decliners totaled 1,323; unchanged came in at 25; new highs came in at 103 and new lows came in at 103. Momentum NYSE stocks traded by active Day Traders today: Valero ...
Ambac rescue hopes fail to lift Wall St
(FT.com)
2008-02-26 03:00:00 By Stacy-Marie Ishmael in New York ...
Stocks rise as Ambac rating affirmed
(AP)
2008-02-26 02:44:00 By JOE BEL BRUNO, AP Business Writer ...
Stocks rise on Ambac, MBIA ratings
2008-02-25 22:01:00 I cannot see anything to get excited about on the long or short side. Nothing special on volatility indexes or PCR that I can see, and stock charts also not that appealing. It's going to be an exciting week anyway with some significant economic news coming... in the meantime, "U.S. stocks staged their biggest rally this month after Standard & Poor's kept AAA debt ratings for the nation's largest bond insurers, easing concern credit losses will extend the worst earnings slump since 2001." - Bloomberg.comLive trades and analysis from The Lauriston Letter
Stocks rally on word of Ambac bailout
(AP)
2008-02-25 03:21:00 By TIM PARADIS, AP Business Writer ...
Market Rebounds As Reports on Ambac Bailout Surface
2008-02-23 00:21:00 Stocks rebounded quickly Friday, after reports that Ambac Financial Group, the bond insurer, may be close to reaching an agreement that would save its AAA credit rating and avoid nearly $556 billion in losses of securities it guarantees. Shares of Ambac rose over 16 percent, as an announcer on CNBC reported that Ambac could announce a deal on either Feb. 25 or Feb 26.
Buffett Tells FOX Business Not Interested in Ambac, MBIA
2008-02-06 05:55:00 Dispelling rumors running in the market, Berkshire Hathaway (BRK.A) chief Warren Buffett says they have no plans to bail out troubled bond insurers MBIA (MBI) and Ambac (ABK). In an interview with FOX Business anchor Liz Claman, Warren Buffett said his strategy is to create new companies in the sector, rather than bailing out existing troubled ...
Cramer Calls out Ambac, MBIA Ratings ?Fiction?
2008-01-22 22:42:00 Cramer was blindsided like every other popular analyst, but to his credit he’s now calling BS when he sees it. Host Question: How come AMBAC still has a AAA rating? Cramer: Because the truth is too painful. You can hear his comments and rants about the rampant “fiction” on Wall Street in this CNBC round table. ...
Ambac Posts $3.26 Billion Quarterly Loss - US Markets fall
2008-01-22 18:41:00 There would be vicious cycle in finance. here it goes. lenders make losses -> Stricter lending -> Less consumption -> Less expenditure -> Less Earnings -> Less growth -> Less Expansion -> Less demand for Funds from Lenders…!! We may have just started till second step that is Stricter lending due ...
> Ambac Posts $3.26 Billion Quarterly Loss - US Markets fall
2008-01-22 16:43:00 Ambac Posts $3.26 Billion Quarterly Loss Tuesday January 22, 9:29 am ET By Jeremy Herron, AP Business Writer Ambac Reports 4th-Quarter Loss of $3.26 Billion As Credit Markets Suffer NEW YORK (AP) — Ambac Financial Group Inc. swung to a deep fourth-quarter loss after taking a $5.21 billion write-down, and is reviewing ways to raise ...
I can't stress how important the failure of MBIA and Ambac will be. You'll
2008-01-18 22:44:00 Think about it this way. Most of you have insurance - for health, your car, your possessions or your home. Assume something bad happened and you needed your insurance company to pay up, and when you went to them for your settlement, they wouldn't answer the phone, and you were on your own. Welcome to Ambac and MBIA. They insured the debt of the cities of the United States. And now they're going belly up, and the cities will have a tough time funding new projects and issuing new debt. And $700 billion of insured debt is now walking across the grand canyon without a net. And now a whole new round of "mark-to-market" will need to happen at the financial institutions that are already on the brink of failure. I just heard Cramer on MSNBC say that when these two fail, "they won't be able to open the market" and a 2,000 point drop in the Dow was likely. Wow.The whole leveraged house of cards is collapsing HP'ers, piece by piece. Believe it or not, we're still just getting star...
By: Housing PANIC
Shares of Ambac Drop as Buffet Starts Up Bond Insurer
2007-12-29 14:52:00 Shares of Ambac dropped by more then 13% Friday, after news hit that Berkshire Hathaway announced plans to insure bonds. This comes at a time when current bond insurers are under scrutiny over concerns that they do not have enough reserve capital to cover all the potential losses related to bonds with relation to subprime mortgages.
Jim Cramer says if bond insurers MBIA and Ambac aren't bailed out, the bank
2007-12-24 01:48:00 So yes, they'll get bailed out, even if that means wiping out their shareholders. That will stop the banks from having to mark to market their CDO cancer for another few weeks or months.But eventually, as sure as night turns into day, some of the banks will have a come-to-jesus moment (auditors anyone? SEC anyone? Sarbanes Oxley anyone?), and they will fail or be taken over for a song. And the most toxic of the toxic lenders - Countrywide, IndyMac, WaMu and First Fed - will be amongst the first. (I'm short WaMu and should be short a lot more of these houses of mortgage fraud).Here's Cramer's highlights. Love him or hate him, he knows what's going on out there, and he's using his platform to try to influence the bail-out-players now (like he did with his Fed rant). Bottom line - watch for the Saudis, Kuwaitis and hell any old Arab with coin to come riding in on a pale horse to bail out these turds. ABK, MBI Need -- and Will Find -- CapitalSo let's go find some bailout mo...
By: Housing PANIC
Fotbal. Liga a III-a Egal pentru Cetatea! Cetatea Suceava ? Pambac Bac?
2007-11-04 15:26:00 Cetatea Suceava ? Pambac Bac?u 1 ? 1 (0 ? 0)?irul de victorii ob?inute de Cetatea Suceava s-a ntrerupt n etapa a XIII-a. Elevii lui Marian Pan? ?i Florin Cristescu au remizat 1-1, pe Areni, n fa?a ocupantei locului secund din Seria I, Pambac Bac?u, dar ?i a?a, sucevenii r?mn pe primul loc al clasamentului, cu un avans de 9 puncte .n fa?a unei echipe care a venit la Suceava cu obiectivul bine stabilit de a nu pierde, galben-alba?trii au g?sit cu greu drumul spre poarta masivului goalkeeper, Ursachi, fiul fostului portar al CSM-ului.n minutul 12, golgheterul Cet??ii, Celpan, a ?utat n for?a de la aproximativ 30 de metri dar mingea expediat? de acesta a trecut pu?in pe lng? poarta b?c?uanilor. Oaspe?ii au avut ?i ei cteva ac?iuni de atac mai consistente f?r? s? pun? ns? n pericol poarta bucovinenilor.Dup? jum?tate de or? tehnicianul Marian Pan? a fost trimis n tribun? de centralul ie?ean Ciprian Amarandei. Decizia a iritat tribunele, care au cerut de nenum?rate ori ca an...
By: Suceava
Cetatea - Pambac, derbiul Seriei I
2007-11-02 15:10:00 Liga a III-a Judecând prin prisma locului ocupat de Pambac în clasament, partida de astăzi de pe Areni poate fi catalogată drept cel mai dificil examen al Cetăţii din acest sezon. „Pare a fi un meci mai important, pentru că întâlnim formaţia de pe poziţia secundă. Acest lucru însă nu reprezintă o presiune suplimentară pentru noi. Am mare încredere că jucătorii se vor mobiliza la maximum şi vor trece şi de acest hop. Despre băcăuani ştiu că alcătuiesc o echipă masivă şi experimentată, care încearcă să speculeze în special fazele fixe. Chiar şi aşa însă, nu cred că sunt în stare să ne pună probleme deosebite”, a declarat plin de optimism antrenorul principal al FC Cetatea, Marian Pană. Cei mai cunoscuţi fotbalişti de la Pambac sunt uriaşul portar Ursachi, al cărui tată a apărat în trecut şi buturile CSM-ului, dar şi Bolfă şi Petcu, jucători care au evoluat ani mulţi în primul eşalon pentru FCM Bacău sau FC Naţional. Tehn...
By: Suceava
Wambach: Roll on 2011
2007-09-30 22:07:00 Abby Wambach tells FIFA.com that USA are already eyeing Germany's crown after bouncing back from a nightmare week to silence their critics.
By: sports
Wambach Helps US Take 3rd at World Cup - The Associated Press
2007-09-30 22:01:00 PR-Inside.com (Pressemitteilung)Wambach Helps US Take 3rd at World CupThe Associated Press - 4 hours agoSHANGHAI, China (AP) ? A big question remains for the United States after its rousing 4-1 victory over Norway for third place in the Women's World Cup. ...US goalie Solo gets the boot at Women's World Cup SI.comUS Women to Play Final World Cup Game Without Top Goalkeeper Voice of AmericaSolo won't play or attend final US World Cup match USA TodayUnited Press International - Voice of Americaall 441 news articles
AMBAC, FGIC, May Need More Capital If Subprime Losses Worsen
2007-09-25 21:03:00 From BloombergSept. 25 (Bloomberg) -- Bond insurers, including those owned by AMBAC Financial Group Inc. and FGIC Corp., may need to raise capital to maintain their top credit ratings if losses worsen on subprime mortgage securities, Moody's Investors Service said.Under what Moody's called its most stressful scenario, losses on securities backed by subprime mortgages could reach 14 percent, causing AMBAC, FGIC, Security Capital Assurance Ltd. and CIFG Assurance North America Inc. to fall short of the capital needed to keep their Aaa ratings. The most likely source of losses would be from guarantees on collateralized debt obligations, which may be backed by subprime mortgage securities. The stress test is higher than Moody's expected loss rate of 10 percent under which the guarantors experience no material losses.``Because ratings are so important to the industry's value proposition, the rating agency believes that a highly rated financial-guarantor with a strong ongoing franchis...
WWC: Abby Wambach Shines In U.S. Victory
2007-09-14 15:42:00 USA's Abby Wambach scored two goals this morning to lead the U.S. to a 2-0 victory over Sweden in China at the Women's World Cup. She would score via a penalty kick in the 34th minute and would fire in a shot from about 20 yards out in the 58th minute to secure the victory.The U.S. now stands at 4 points to top the group. Nigeria and North Korea are currently playing in the other group game. The U.S. takes on Nigeria on Tuesday for the final group match.
By: Try Gol
Wambach's double sends US 2-0 over Sweden in World Cup - Xinhua
2007-09-14 13:22:00 Wambach's double sends US 2-0 over Sweden in World CupXinhua, China - 14 minutes ago14 (Xinhua) -- Abby Wambach scored twice to lead the United States to win their second match in China 2-0 over Sweden here on Friday in World Cup Group B. ...
Sambacho tiene un bosque
2007-09-13 14:00:00 O al menos virtualmente. He encontrado esta pgina donde con un simple click podemos ayudar a la reforestacion del amazonas. El objetivo es alcanzar entre todos las 100 millones de hojas para que prize.com done 10000 euros a la asociacin aquaverde. Por ahora no ...
By: Samb'log
Wambach ready for World Cup - Arizona Republic
2007-07-08 08:39:00 Wambach ready for World CupArizona Republic, AZ - 2 hours ago1 in the world, get to China in September for the World Cup, Wambach will be a marked woman. Opponents will hack her, trip her, shove her and generally ...
Mayo, record de visitas en sambacho.com
2007-06-18 13:45:00 As es, el pasado mes de mayo registramos record de visitas en www.sambacho.com: 3817.
By: Samb'log
Sambacho around the world => Terra Mtica (Benidorm)
2007-04-13 10:48:00 Bueno, estaba esperando a que se cargase un video en youtube para ofreceros esta primicia mundial. Estuve un par de dias con mis colegas en terra mtica. Y nos acercamos a ver algunos de los espectaculos, en uno de ellos (habran unas 200 personas) no se le ocurre nada mejor a los animadores que sacar ...
By: Samb'log
Fan Sambacho n 3
2007-04-09 17:36:00 Aqu esta la prueba del momento en el que uno de nuestros mejores fans acude al programa 50X15 de EEUU. No tiene mucha suerte, y para comprobarlo pegadle un vistazo y me comentais si os ha gustado o no. Yo por lo menos, me he reido un montn mientras lo haca. Bueno aqu os dejo con ...
By: Samb'log
Sambacana - VI Sambacana | Praca da Savassi (1979)
2007-03-08 18:31:01 Gentleman, what a nice work I had right now with Trix, a Loronixer from Minas Gerais, my favorite state in Brazil, first place is Rio de Janeiro, of course. We worked together exchanging more than 50 emails to decide for this post. I have to admit that Trix put some passion on top of it. This record is all about Minas Gerais and Belo Horizonte. Anyway, thanks Trix for supporting this crazy and painful process, I'm sure Loronixers will have a lot to tell about this LP.This is Sambacana - VI Sambacana | Praca da Savassi (1979), no label. Trix said this LP is a very limited release made commercially available only in Minas Gerais. Sambacana is lead by Pacifico Mascarenhas, which is a group that you already know at Loronix with some previous releases. Loronix Find It is the right place look for earlier Sambacana releases at Loronix. Well. It's late down here, Trix has disappeared with the additional info and he will probably give us tomorrow some inside information about this session....
By: Loronix
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