Ambac, MBIA Lust for CDO Returns Undercut AAA Success (Update1) - Bloomberg

Ambac, MBIA Lust for CDO Returns Undercut AAA Success (Update1)
Bloomberg - 4 hours ago
9 that it will slash its dividend to 13 cents a share from 34 cents, and two days later it paid a yield of 14 percent to sell $1 billion of surplus notes,
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