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Ambac commutes $3.5 Billion in CDO exposure
NEW YORK (Associated Press) - Ambac Financial Group Inc. said Wednesday it paid about $1 billion in cash to close positions in four collateralized debt obligation transactions with a combined exposure of about $3.5 billion.
Source: CNNMoney.com
Views: 10 comments on "Ambac commutes $3.5 Billion in CDO exposure"
Tuesday, 06 January 2009
Tyson CEO Flies The Coop
After playing a game of chicken with competitors, Dick Bond says his exit is really for the best. Tyson Foods seems to have told its cock of the walk to take a hike.
(Source: Forbes) read more...
Tuesday, 06 January 2009
Chavez Says He’ll ‘Protect’ Dollars Amid Drop in Oil
By Matthew Walter Jan. 5 (Bloomberg) -- Venezuelan President Hugo Chavez said he’ll take steps to save dollars as a tumble in oil curbs the South American country’s export...
(Source: Bloomberg) read more...
Tuesday, 06 January 2009
Goldman Sachs upgrades Continental Airlines
AP , 01.05.09, 04:50 PM EST Goldman Sachs upgraded shares of Continental Airlines Inc. on Monday and raised price targets on several other airline stocks, but lowered its target...
(Source: Forbes) read more...
Tuesday, 06 January 2009
Macworld And CES 2009
The annual, adrenaline-filled, one-two punch of Macworld in San Francisco, followed by the Consumer Electronics Show in Las Vegas, will probably feel like punches to the gut...
(Source: Forbes) read more...
AT&T, Verizon Tumble On Dour Forecast » (CNNMoney.com)
Stocks finish lower » (CNNMoney.com)
Russian Gas Supplies To Romania Still 30% Short - Transgaz » (CNNMoney.com)
Dollar soars against euro » (CNNMoney.com)
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