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Gavin's Most Recent Article

Ambac Sold Insurance to Itself on Risky Bonds

04/15/10 - 07:51 AM EDT

Ambac sold itself insurance on residential mortgage-back securities, piling on risk.

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Other Articles by Gavin

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Ambac May Dodge Delisting as Stock Rises

04/14/10 - 12:30 PM EDT

Ambac's chance of avoiding a delisting rose after the stock price jumped.

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Ambac, at $3.39, Is Still a Penny Stock

04/13/10 - 03:34 PM EDT

Ambac investors are converging on the stock, apparently unaware of the risks.

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Ambac Is Unlikely to File for Bankruptcy

03/30/10 - 05:00 AM EDT

Ambac looks like it's heading toward bankruptcy, but there are many reasons why it won't.

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Ambac Sinks Into Deeper Turmoil: Analysis

03/26/10 - 05:00 AM EDT

A state insurance regulator takes control of Ambac, leaving bondholders and stockholders up in the air.

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Ambac Has Agreements for $16.7B in Debt

03/26/10 - 05:00 AM EDT

Ambac says it's forged provisional agreements as a state insurance regulator takes control of the company's operations.

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Ambac Is Pushed Closer to Bankruptcy

03/25/10 - 12:13 PM EDT

Ambac buckled under pressure to accept an agreement to put about $35 billion of assets into a separate account overseen by a regulator.

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Bond Insurers Seek $10 Billion From Banks

03/22/10 - 05:00 AM EDT

Bank of America, Citigroup and other banks face claims of fraud and misrepresentation from insurers over mortgage-backed securities.

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AIG, MetLife: Top-Performing Insurance Stocks

03/12/10 - 05:00 AM EST

AIG, MetLife and Conseco are some of the best-performing insurance stocks in the past month.

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Washington DC Rescinds 35% Health Insurance Increase

03/11/10 - 02:50 PM EST

Washington DC insurance regulator, citing errors, rescinds a previously approved price rise for a health insurer.

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