Ambac, Blockbuster, WaMu,...

Nov 9, 2010 | Posted by: roboblogger | Full story: BusinessWeek

Ambac Financial Group Inc., whose principal insurance subsidiary was taken over by regulators in Wisconsin, filed a Chapter 11 petition yesterday afternoon in New York after failing to negotiate a so-called prepackaged reorganization with the insurance commissioner and an ad hoc committee of holders of senior debt.

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1 - 2 of 2 Comments Last updated Nov 18, 2010
Steve

Fairfax Station, VA

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Judge it!
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#1
Nov 9, 2010
 
With the future of Blockbuster uncertain, nows the time to switch to Netflix - and get paid to do itx. You can get a free iPad -- http://miniurl.com/65029 .
Nomo Blockbuster

Valencia, CA

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Judge it!
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#2
Nov 18, 2010
 
Blockbuster is a dead company walking. Netflix and Redbox handed Blockbuster its own head and Blockbuster has done little to nothing to make a comeback. It goes to show that if you let yourself get trampled and think that outdated concepts and technology will save you, you're dead wrong.

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