If you thought Ackman’s letter to the ratings agencies was something else. In a letter to the NY & Wisconsin Insurance Commissioners as well as the SEC, he lays out the cases for massive losses to MBIA (MBI) and Ambac (ABK). It is stunning…
The full 20 page letter can be found on pdf. here
Disclosure (“none” means no position): None
One reply on “Ackman’s Letter to NY Insurance Commissioner & SEC”
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