Outlook Remains Grim for MBIA, Ambac - Michael Patterson

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Outlook Remains Grim for MBIA, Ambac
Jun 30, 2008 12:26 PM UTC

Michael Patterson

Return	Risk
+22.03%	LOW

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Symbol	Sentiment	Start	Return	Closed
MBI		06/30/08	+18.68%	--
ABK		06/30/08	+25.37%	--

Via Short Stock Ideas from Seeking Alpha:

MBIA Inc. (MBI) and Ambac Financial Group, Inc. (ABK) have been at the center of the credit and housing crisis as insurers of sub-prime, sub-A loans and prime housing loans. Analysts continue to drop the earnings estimates and the stocks themselves fall to new lows weekly.

MBIA Inc.

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