Ambac Financial Group Inc (AMBC)

[bstar33]

"AMBAC is now starting it's move to position the company toward stability. The new team in place is cleaning house of the old mentality of throwing more money at the problem and discarding the old regime. As I stated back last month on numerous occasions, Some would have to fall on the sword for the bad risk taken. Many of you ask why Callen sold and I told you he had to sell and others would follow his exit path set by the new leadership team...Thanks but No Thanks!

People Everspan was the pipe dream of the old king of AMBAC! It was a menial business plan that opened the company up to further risk taking and predators wanting a large stake for very little.

This is a business and AMBAC is making all the right moves to exit this mess stronger. BK is not an option nor will it ever be but I tell you what this is not an entertainment company or media company. Stop pushing this company toward follow the leader business strategies. They should have cancelled Everspan long time ago but the Ole Boy network was pushing this crap!

More good news to come for you long term investors. Day traders have fun and short sellers your days are numbered. Why do you think the Feds left the rating companies alone with the restructuring of financials? They weren't the problem, manipulation, cheaters and contract integrity was the problem. (Bigger Fish to FRY!)

July will be good month for AMBAC, the new team is starting to lead and cleaning house of the old regime!

What we are experiencing is called shareholder value and accountability!Read and Educate yourselves..."
From another board.