Ambac Financial Group Inc (AMBC)

[Steph_ATK]

GM might still be in business, but doesnt mean they are doing any better. a few months back they were asking for more funds. By no means i am trying to bash ABK, hell im goign to watch it tomorrow and buy in if all looks good. I am simply stating my honest opinion, and just because federal is backing a company up with funds doesnt mean it will do well. You sir obviously have misunderstood my statement. I am simply stating, money isnt everything to run a business properly, if there is no change in a way a company is operated that free money will just disappear in a matter of months.

GM was run down by the unions, feds gave tons of money for a restructure but they were so over controlled by the unions that they came back and asking for more.

anyhow best of luck tomorrow.