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$1.34 -0.12 (-8.22%)
1/7/2009 4:00 PM

Ambac Financial Group, Inc. (ABK)

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A holding company whose subsidiaries provide financial guarantee products and other financial services to clients in both the public and private sectors around the world.

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Avatar SteveInChicago (98.38) Submitted: 9/26/07 2:05 AM : Underperform Start Price: $64.16 ABK Score: 57.82

We're seeing a spike in foreclosures. Granted, they didn't insure the worst of subprime, but at some point, they might hit a cash flow problem. When they do, refinancing in a credit crunch could make it a front page story. At best, things don't look good.

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