There are more spectacular losses as in Delta etc but I am more interested in Ambac. Ambac swings to 1Q loss as it takes $3.06 billion in charges. Reason being it is in some way related to the finance market which is under heavy scrutiny. The results aren’t going to help with the stock market today, futures indicate a fall.
Ambac First Quarter Losses
By Finance in Ambac First Quarter Losses
Apr
23