Ambac Financial Group, Inc. · New York, NY United States (Pink Sheets: ABKF)
| 1 State Street Plaza | Phone: 212-668-0340 |
| New York, NY | Fax: 212-509-9190 |
| 10004 | Toll Free: 800-221-1854 |
| United States | 
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Ambac Financial Group, Inc. Rankings
More Companies in These Related Industries: Company Description
Ambac Financial Group used to give an A+ to school bonds, until its own ratings fell to C's. Ambac Assurance, the holding company's primary subsidiary, sold financial guarantee insurance and other credit enhancement products for municipal bonds in the US market. However, the company has halted all new business and has placed its remaining business in "run-off" -- meaning it is only taking in premium payments and paying out claims as it is able. Already operating under "rehabilitation" by Wisconsin regulators, Ambac Financial filed for Chapter 11 bankruptcy in 2010.
Ambac Financial Group, Inc. Reports
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Financials
| Company Type | Public - Pink Sheets: ABKF Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Employees | 243 |
Executives
46 executives listed for Ambac Financial Group, Inc.'s New York, NY location.
| Managing Director; Managing Director Market Risk Management; Other | Bob Selvaggio | |
|---|---|---|
| Director-external & Internal Rltns; Managing Director-external Rel | Brian Moore | |
| Managing Director | Jerry Liu |