{"id":17494,"date":"2010-09-02T06:48:00","date_gmt":"2010-09-02T10:48:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=17494"},"modified":"2010-09-02T06:48:00","modified_gmt":"2010-09-02T10:48:00","slug":"hedge-funds-sue-to-block-ambac-transfers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2010\/hedge-funds-sue-to-block-ambac-transfers.html","title":{"rendered":"Hedge funds sue to block Ambac transfers"},"content":{"rendered":"<p>MarketWatch &#8211; A group of hedge funds, including credit giant King Street Capital, have sued Ambac Financial Group Inc. to try to stop transfers from its main bond-insurance unit to the holding company.<\/p>\n<p>The funds, which also include Aurelius Capital Management, Fir Tree, Monarch Alternative Capital and Stonehill Capital Management, said they own more than $1 billion of residential mortgage-backed securities and other debt insured by Ambac Assurance Corp., or AAC, Ambac&#8217;s\u00a0main insurance subsidiary.<\/p>\n<p><a href=\"http:\/\/www.marketwatch.com\/story\/hedge-funds-sue-to-block-ambac-transfers-2010-08-31\" target=\"_blank\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MarketWatch &#8211; A group of hedge funds, including credit giant King Street Capital, have sued Ambac Financial Group Inc. to try to stop transfers from its main bond-insurance unit to the holding company. The funds, which also include Aurelius Capital [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-17494","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=17494"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17494\/revisions"}],"predecessor-version":[{"id":17495,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17494\/revisions\/17495"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=17494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=17494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=17494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}