Ambac looks into breaking up to ensure municipal bond ratings

02/18/2008 | Wall Street Journal, The

Ambac Financial Group is considering splitting itself into two companies, one that insures municipal debt and one that covers mortgage-linked securities, although the complexities of such a deal could be too much to overcome. Ambac is trying to make sure the municipal bonds it guarantees keep their top credit ratings.

View Full Article in:

Wall Street Journal, The

Published in Brief: