Updated 4.40 pmIlargi: The news is here: trading was halted earlier for the announcement, but it turns out Ambac shares rose on emptiness: there is no deal worthy of that term. This one will hurt, badly.Ambac's Subprime Solution Ambac Financial Group disappointed Wall Street on Wednesday, announcing it would raise $1.5 billion in the public securities markets to shore up its capital.Investors
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