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ISDA votes on Ambac bankruptcy credit event

|Includes:AKF, AKT, Ambac Financial (AMBC), MBI
ISDA released results of its vote today in determining a bankruptcy credit event had occurred with respect to Ambac Financial Group credit default swaps and that a credit auction should be held at a date to be determined in the future.




Disclosure: long all stocks
Stocks: AMBC, AKF, AKT, MBI