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Ambac CFO Calls it Quits

post from Housing Wire on 25 November 2009 02:46:00 PM. © Housing Wire

Bond insurer Ambac Financial Group (ABK: 0.8469 -1.52%) senior vice president and chief financial officer Sean Leonard resigned this week after the company warned it may file for bankruptcy.Until a replacement is named, his department heads will report to CEO David Wallis, Ambac said in a statement Tuesday.“Sean?s experience, intelligence and dedication have had a [...]

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