Ambac Financial Group Inc (AMBC)

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"Lawmakers and investors have pilloried S&P and its rivals for being a principal cause of the global credit crisis and recession for awarding pristine ratings to low-quality mortgages and other securities that quickly proved worthless.

In its proposed reforms to financial regulation, the Obama administration has called on S&P, Moody's Corp's (MCO.N) Moody's Investors Service, Fimalac SA's (LBCP.PA) Fitch Ratings and others to boost the integrity of their ratings, especially in structured finance, and to reduce conflicts of interest."


http://www.reuters.com/article/marketsNe...