Wilbur Ross Won’t Wait For Downgrade

January 31, 2008 10:26 pm

Billionaire Wilbur Ross, who’s been rumoured to be considering a bid for Ambac, tells CNBC that any takeover of a bond insurer has to come before a downgrade. Wilbur Ross, chairman & CEO, WL Ross & Co., speaks to CNBC

watch the video here:

http://www.cnbc.com/id/15840232?video=631483774

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