WILMINGTON, Delaware (Reuters) - Ambac Financial Group Inc, which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, filed for Chapter 11 bankruptcy on Monday.
Reuters: Business News, Reuters: Business
Mon, 11/08/2010 - 4:32pm
WILMINGTON, Delaware (Reuters) - Ambac Financial Group Inc, which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, filed for Chapter 11 bankruptcy on Monday.