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Ambac Chief Financial Officer Sean Leonard resigns

Quick ReadAmbac announces resignation of chief financial officer Sean Leonard

NEW YORK (AP) — Embattled bond insurer Ambac Financial Group Inc. announced Tuesday the resignation of its chief financial officer.

The company, based in New York, said Sean Leonard left "to pursue other interests." The resignation is effective immediately.

The departure comes just weeks after Ambac said it may be forced to file for bankruptcy protection. In a filing with the Securities...

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