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SAN FRANCISCO (MarketWatch) — Moody’s Investors Service said Wednesday it may
downgrade the Aaa insurance financial strength ratings of MBIA Inc.’s and Ambac
Inc.’s insurance units. Also, Moody’s said it may downgrade Ambac Financial
Group’s Aa3 debt ratings, and the Aa2 surplus note rating of MBIA Insurance Corp.
and the Aa3 ratings of MBIA Inc. The moves reflect Moody’s [...]

SAN FRANCISCO (MarketWatch) — Moody’s on Thursday reiterated its negative
outlook on Ambac Assurance Corp.’s Aaa insurance financial strength rating in the
wake of its parent Ambac Financial Group’s earnings release earlier this week.
Moody’s noted that Ambac’s incurred losses in its direct RMBS portfolio and ABS
CDO portfolio are somewhat higher than the ratings agency’s estimates, but remain
below [...]