Today's Big Losers: ABK, LEAP, LMNX, ERII

Ambac Financial Group (ABK) announced a whopping 2.4 billion dollar second quarter loss, or 8 dol...  More »

Ambac Financial Group (ABK) announced a whopping 2.4 billion dollar second quarter loss, or 8 dollars and 33 center per share. Of the losses, 1.2 billion came from the company's residential mortgage backed securities insured portfolio, primarily related to second-lien and Alt-A transactions.  « Less