Today's Big Losers: ABK, LEAP, LMNX, ERII
Market News Video
Aug. 07, 2009. 05:32 PM EST
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
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