Ambac Rocky Balboa oder chapter 11

kann mich jemand mal kurz informieren warum Ambac heute nicht gehandelt wird ?? Bin derzeit nicht auf dem aktuellsten Stand, da ich in China bin !!  Also......??

 

anscheind alle warten erst die Entscheindung am 30.11.2010 nämlich heute ab!

Ich glaube, Amac hat einige Pläne über UK Ambac und AAC ?

 

Ambac Requests that Standard and Poor's Withdraw its Rating

 

NEW YORK, November 29, 2010  --Ambac Financial Group, Inc.(Ambac)  today requested that Standard and Poor’s Ratings  Services (“S&P”)  withdraw its ratings of Ambac Financial Group, Inc., Ambac  Assurance  Corporation and Everspan Financial Guarantee Corporation. The ratings   of Ambac UK, Ltd. were previously withdrawn by S&P.

Nicht vergessen ,  Ambac UK hat  1 millarden Assests.

 

 

was machst denn in china?????
ich impotiere aus China  

hat irgendjemand irgendwo etwas gelesen, ob Ambac die Anfang November nichtbezahlten Zinsen für die Anleihe mittlerweile beglichen hat oder kann Ambac das gar nicht wegen Ch 11? Ich denke, die Art der Ratings hängt auch genau davon ab!  

Nasdaq wirds gehandelt. Entspricht dem Preis von Ambac.
0,136$ = 0,1045EURO.

Finedet der Gerichtstermin Heute wieder nach Boersenschluss statt, wer weiß es?  

 

ZERO......das wäre nun mal das Ende der Fahnenstange!...aber das kannst Du mit jedem Wert haben....:-)  

http://www.cnbc.com/id/40421456

One important estimate of what mortgage put-backs will cost banks just leaped by more than 20 percent.

Tom Grill | Photographer's Choice RF | Getty Images

Paul Miller of FBR Capital now estimates that banks will face between $54 billion and $106 billion. That’s up from his September estimate of $44 billion to $91 billion.

The banks that have the greatest loss exposure, according to Miller, are Bank of America, Citigroup, JP Morgan Chase and Wells Fargo.

 

 

 

http://www.cnbc.com/id/40435728

WikiLeaks has several gigabytes of data from a Bank of America Corp executive's hard drive, the organization's founder Julian Assange said in a published interview in 2009.         Assange's whistle-blower organization, which released 250,000 U.S.

 

Ich hoffe, es gibt einige nützliche information über fraud RMBS!

Wir werden nächstes Jahr sehen.

 

sollte man sich put optionen auf banken holen oder?  

diesen artikel hat heut auch schon jemand im wamu thread gebracht, wenn du ganz genau auf das jahr schaust und mit deinem Kalender vergleichst ....  

Fixing FUBAR: Next Week in Washington D.C.

http://www.marketoracle.co.uk/Article24664.html

 

morgen @,



BK Richter genehmigt siplulation der automatischen bleiben ..., Link 30-Nov-10 8.40

http://www.kccllc.net/documents/1015973/10159731011300000000…


Mal sehen, wie wir morgen reagieren.  

http://shortsqueeze.com/?symbol=abkfq&submit=Short+Quote%99  

@gbrw: leider funktioniert Dein Link nicht. Könntest Du bitte einen einstellen, der funktioniert! Danke  

 

http://www.bloomberg.com/news/2010-12-01/bank-of-america-s-sloppy-prime-mortgages-increase-pressure-for-buybacks.html

Pending putback claims rose to $12.9 billion by Sept. 30 from $7.7 billion at the end of 2009, Bank of America said. Requests from Fannie Mae and Freddie Mac on loans created in 2007, at the peak of home prices, fueled much of the rise as those mortgages had higher delinquency rates, the bank said.

Prime loans made up 28 percent of outstanding claims at Sept. 30, compared with 19 percent at the end of 2009, according to the Bank of America filing. Demands tied to loans that were deemed Alt-A, a designation in between prime and subprime, climbed 74 percent to $3.5 billion. Claims on home-equity loans rose 50 percent to $3.4 billion, while demands linked to “pay option” loans, in which borrowers can typically choose to make smaller initial payments than with fixed-rate mortgages, expanded 24 percent to $1.4 billion.

In addition to the $4.4 billion already reserved, Bank of America has said it expects to set aside about $500 million each quarter to cover valid claims for the next few years. The industry probably will be fully reserved for putbacks by the end of 2012, JPMorgan Chase & Co. analysts led by Kian Abouhossein said in a Nov. 12 note.

 

bis jetzt hat BAC 4 Millarden reserve für unerwartete Kosten und jede Qurtal kommt noch 500 millionen extra dazu.

 

Countrywide’s Role

More than half of the claims at Bank of America stem from mortgages created by Countrywide Financial Corp., acquired in 2008, said Jerry Dubrowski, a spokesman for the bank. The demands are mostly tied to loans made from 2004 to 2008, when the industry’s underwriting standards were more lax, he said.

 

Pacific Investment Management Co., BlackRock Inc. and the Federal Reserve Bank of New York are seeking to force Bank of America to repurchase soured mortgages packaged into about $47 billion of bonds by Countrywide, people familiar with the matter have said. Bond insurers including MBIA Inc. have turned to lawsuits to seek recovery from lenders.

 

Congressional Pressure

In an August letter to President Barack Obama, Representative Barney Frank, the Massachusetts Democrat who leads the House Financial Services Committee, said the battle to get refunds “should be fought with every tool.”

The industry’s losses from putbacks may total about $52 billion and will be borne mostly by Bank of America, JPMorgan Chase, Wells Fargo & Co. and Citigroup Inc., according to a Nov. 16 report from the Congressional Oversight Panel. The four banks have already booked $11.4 billion in costs and reserved a total of about $10 billion for coming expenses, the panel said.

 

Systemic Risk

Rising defaults and their potential to create more putbacks caught the attention of the Congressional Oversight Panel, which said in its

report

that Bank of America could suffer “disabling damage” to its capital if reserves are inadequate. Bank of America got $45 billion in U.S. bailouts during the financial crisis, which has since been repaid,

 

 

 

bitte sehr!

http://www.kccllc.net/documents/1015973/1015973101130000000000007.pdf  

125. The primary relief sought in the R&W Litigation is the “put-back” of certain non-conforming loans by the RMBS originator and the substitution of conforming loans in the RMBS asset pool, which would improve the financial condition of the security and thus reduce projected losses under those policies. (11/16/10 Peterson at 202:9-24; 11/17/10 Peterson at 63:16-64:1.) The R&W Litigation also concerns roughly $2 billion in claims payments presented to and paid by Ambac prior to the rehabilitation of the Segregated Account. (11/18/10 Peterson at 111:24-112:13.) If there are cash recoveries or cash settlements arising from the R&W Litigation rather than (or in addition to) the put-back remedies, those recoveries will be added to the claims-paying resources of the General Account and be available to fund payments under the Plan. (11/18/10 Peterson at 111:14-19.) 126. The “recoveries” problem argued by several RMBS trustees and holders— namely, that Ambac could recover shortfalls from issuers in 100 percent cash despite paying policy claims caused by such shortfalls on a cash-note split basis—assumes that RMBS securities will recover to the point where there will be actual cash flows from which to obtain recoveries, which is not the case now to any material degree.

ambacpolicyholders.com/storage/courtfilings/11292010/Rehabilitator%20Proposed%20Form%20of%20Decision%20Final%20Order%2011-29-10.pdf

 

Was ist den nun gestern raus gekommen und wie geht es nun weiter, oder wurde garnichts entschieden? Der Kuars geht ja weiter runter,kann ja also nicht so toll sein.

 

das frage ich mich auch.  

.....WAS WIRD MIT AMBAC?.... ganz einfach erklärt in 1 satz. weil mittlerweile denke ich, dass ich mir hier die größte sch.... an land gezogen habe seit ich an der börse bin. ich fasse es nicht. naja ich verbuche.............LEHRGELD...........und lasse alle meine scheine im depot und ende.

es gibt hier keine "Wissenden"!!!

Anhand der Zahlen war nicht mal klar, dass die Insolvenz sein muss....wir hatten nur die Zahlen und die letzten Berichte...keiner hier im Forum wusste von der Rückforderung der 700 Mio Steuerrückerstattung durch die IRS....und so kam dann Ch11.

Das Problem ist, dass niemand weiss, was hinter den Kulissen läuft! Das gilt aber im Prinzip für alle Aktien...nur in diesem Fall ist es echt bitter.

Und noch eine persönliche Bitte: die meisten hier (einschliesslich meiner Person) sind tief im Minus...keiner ist glücklich darüber. Aber es hilft auch nicht hier rumzufluchen....Wen diese Situation zu sehr belastet bzw nicht auch einen Vollverlust tragen kann/ will (naja, wer will das schon), dem rate ich dringend, die Papiere abzustossen und wenigstens den verbliebenen Rest des Geldes zu sichern.Aber Frust ablassen hilft halt auch nicht!

Und noch was: keiner hier hat ne Glaskugel, die ihm vorhersagt, wie es weitergeht, bzw was aus Abk wird....wir sitzen hier alle irgendwie im Nebel...vergesst das bitte nicht!

Zum heutigem Kursabfall: keinen Schimmer, ich habe alles durchforstet...niente!

 

Danke für das nochmalige Einstellen des Links:-)  

http://www.cnbc.com/id/40452623

einige Passage.......

U.S. banks face big costs in improving their foreclosure and mortgage  servicing practices as regulators unearth widespread problems in the  area, a top Federal Reserve official said Wednesday.

 

Fed Governor Daniel Tarullo told lawmakers that regulators have expanded  their probe after a preliminary review suggested "significant  weaknesses" in how banks have dealt with the millions of troubled  mortgages that have emerged from the financial crisis.

 

Regulators hope to wrap up their review by the end of the year and  publish an analysis in January. The state AGs have been negotiating a  settlment with the major banks and Ally Financial, which may include the  creation of a fund for borrowers wrongfully evicted from their homes.

.................