Replies to post #9799 on Ambac Financial Group Inc (AMBC)

[hondaboost]

Exactly! Ambac’s loss was ($256.7) million or ($0.85) per share in 2012.

Cash Flows . Net cash (used in) provided by operating activities was ($613.9) million and $3.6 million during 2012 and 2011,

Total Assets: $27 Billion
Total Liabilities: $30 Billion
Net assets: -$3 Billion.

Accumulated deficits: $6.2 Billion.

AMB will NEVER cover its huge negative assets and Vast deficits, so the commons are definitely wiped out!

Any time, last warning.