Ambac Assurance Corp.

M.R. Beal Hires Public Finance Veterans Cheryl Ishmael and Robin Ginsburg as Managing Director and Senior Vice President.
Investment Weekly News; 11/21/2009; 858 words; ...Director of Municipal Finance at Financial Security Assurance (FSA), where she successfully headed the marketing...finance capabilities. Ms. Ginsburg also worked for Ambac Assurance Corp. and Financial Guarantee Insurance Company (FGIC...

BOND INSURERS: Radian Group Still Hurt by Housing Delinquencies.(Underwriters & Dealers)
The Bond Buyer; 11/12/2009; 779 words; ...company of bond insurer Radian Asset Assurance Inc., continues to be hurt by...Asset paid fellow bond insurer Ambac Assurance Corp. a $100 million settlement to...reinsurance portfolio assumed from Ambac. The freed-up capital was also...

BOND INSURERS: Ambac Warns of Liquidity Shortage, Possible Bankruptcy Filing.(Underwriters & Dealers)
The Bond Buyer; 11/11/2009; 918 words; ...bond insurer Ambac Assurance Corp., warned that...the near term." Ambac is attempting to...CommissionMonday. "No assurances can be given that Ambac will be successful...yet completed." Ambac Assurance Corp. is not allowed...

Fitch Rates St Elizabeth Medical Center (KY) 2009 Bonds 'AA-' & Upgrades Outstanding; Outlook Stable.
Health & Beauty Close-Up; 11/10/2009; 1751 words; ...refund all of St. Elizabeth's outstanding debt (series 2003A, 2003B, and 2003C auction rate debt, insured by Ambac Assurance Corp.), repay St. Elizabeth approximately $28 million for prior capital expenditures, fund the renovation and...

IRS: Texas Health Agency's $61M of ARS Under Audit.(Washington)
The Bond Buyer; 10/28/2009; 782 words; ...Facilities Development Corp. of Corpus Christi...Facilities Development Corp. and the Louisiana Public...premium. Financial Security Assurance Inc. provided an insurance...in the offering, while Ambac Assurance Corp. provided policies for...