by Calculated Risk on 4/23/2008 05:04:00 PM

Video: Joseph Mason Says `Way Past Time' for Ambac Rating Cuts (click link for video)

Joseph Mason, an associate professor of finance at Drexel University, and Julia Coronado, a senior economist at Barclays Capital Inc., talk with Bloomberg's Kathleen Hays about Ambac Financial Group Inc.'s credit rating, economic and financial-market conditions, and the outlook for Federal Reserve monetary policy.

(Source: Bloomberg)