S&P cuts Ambac, MBIA ratings to AA from AAA
Donnerstag, Juni 5th, 2008Usually this means TROUBLE …
I am really excited about the explanations, NOT to SELL financials …
Standard & Poor’s Rating Services
today lowered its financial strength ratings on Ambac Assurance Corp. and MBIA Insurance Corp. to ‘AA’ from ‘AAA’ and placed the ratings on CreditWatch with negative implications.
The ratings on the holding companies, Ambac Financial Group […]
