Ambac (ABK), MBIA (MBI) Surge As Bailout Talk Grows Louder
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January 23, 2008 3:27 PM EST
Ambac Financial Group, Inc. (NYSE: ABK) is now up 57% on reports New York State's insurance regulators met today with US banks to discuss raising new capital for bond insurers. Ambac rival MBIA Inc. (NYSE: MBI) is up 30%.
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