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Ambac $1 billion subprime lawsuit vs JPMorgan revived Ambac $1 billion subprime lawsuit vs JPMorgan revived
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Old 07-14-2011, 09:54 PM
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Default Ambac $1 billion subprime lawsuit vs JPMorgan revived
NEW YORK (Reuters) - A New York state appeals court revived Ambac Financial Group Inc's $1 billion lawsuit against JPMorgan Chase & Co over an investment vehicle that in 2007 and 2008 suffered heavy losses from toxic subprime debt.
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