The Ambac Financial Group, Inc., generally known as Ambac (originally the American Municipal Bond Assurance Corporation), is an American holding company. Its subsidiaries provide financial guarantee products such as bond insurance and other financial services to clients in both the public and private sectors around the world. Its common stock and ...
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http://en.wikipedia.org/wiki/Ambac
Is the holding company that provides financial guarantee insurance for both public and private sector clients. This insurance can improve credit ratings.
Found on
http://www.oasismanagement.com/glossary/
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