Company:  AMBAC FINANCIAL GROUP INC (ABK)
Form Type:  10-Q
Filing Date:  5/18/2009 
CIK:  0000874501 
Address:  ONE STATE ST PLZ 
City, State, Zip:  NEW YORK, New York 10004 
Telephone:  (212) 668-0340 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$0.90   		Change: 
-0.10 (-10.00%)  
Trade Time: 
Nov 20   		Market Cap: 
$258.83M
Description of Business
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  FORM 10-Q
    PART 1- FINANCIAL INFORMATION
      Item 1 - Financial Statements of Ambac Financial Group, Inc ...
        BALANCE SHEET
        INCOME STATEMENT
        STOCKHOLDERS EQUITY
        CASH FLOW
        Notes to Unaudited Consolidated Financial Statements
          BALANCE SHEET
          INCOME STATEMENT
          INCOME STATEMENT
      Item 2. Management's Discussion and Analysis of Financial ...
      FINANCIAL STATEMENTS
        BALANCE SHEET
      Item 3. Quantitative and Qualitative Disclosures About ...
      Item 4. Controls and Procedures
    PART II - OTHER INFORMATION
      Item 1. Legal Proceedings.
      Item 1A - Risk Factors
      Item 2 - Unregistered Sales of Equity Securities and Use of ...
      Item 6 - Exhibits
    SIGNATURES
    INDEX TO EXHIBITS
  EXHIBIT 31.1
    Certifications
  EXHIBIT 31.2
    Certifications
  EXHIBIT 32.1
    Certification of CEO Pursuant to
  EXHIBIT 32.2
    Certification of CFO Pursuant to
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