Ambac Posts First Loss as Subprime Bond Prices Drop (Update5)
Story date: 2007-10-24 11:37:00
Added on: 2007-10-24 12:28:02
Bloomberg - Moody's Investors Service and Standard & Poor's are under scrutiny by regulators and lawmakers for giving high credit ratings to subprime mortgage securities that subsequently tumbled in value. Some investors have said the companies also failed to ...
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