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AugustaFriends

01/15/12 8:30 PM

#8622 RE: financial windfall #8621

The company said in October that it has enough money to meet its obligations for at least five years. It sought an extension until Feb. 3, 2012 to file its own plan of reorganization.

http://www.bloomberg.com/news/2011-12-27/ambac-financial-had-29-6-million-in-unrestricted-cash-nov-30.html