Ambac Financial Group Inc (AMBC)

[lxu0077]

Zilla, good to see you here, I too have been watching abk for a while and not ready to jump in yet.

Thanks a lot for the reply on BBI, I will continue to watch that one.

Lastly, I've been following PBSOQ for a while, they seem to be moving into the right direction. The equity committee was able to secure alternative financing and are in the process to replace the existing DIP financing; The formal CEO and CFO were convicted, there seem to be some hope the debtor could recover some money from the formal CEO's forfeit suit; The debtor is also in the process of rejecting the pre-petition class action settlement; The creditor committee seems to be in the camp with the equity committee, and together they are ready to file equity committee's plan early January.

There is just one problem, judging from the volume or lack of, nobody seems to be interested in this one. Do you have any take on this?

TIA