Ambac Financial Group, Inc. Announces First Quarter Net Loss of $1,660.3 Million (Business Wire)
NEW YORK—-Ambac Financial Group, Inc. today announced a first quarter 2008 net loss of $1,660.3 million, or a net loss of $11.69 on a per share basis. This compares to first quarter 2007 net income of $213.3 million, or net income per diluted share of $2.02.