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Nov 5 (Reuters) - Ambac Financial Group Inc: * JP Morgan says Ambac Financial might be placed into receivership near term * JP Morgan says Ambac might be placed into receivership as statutory capital as of September-end could be in deficit * JP Morgan keeps underweight rating on Ambac ; continues to assert the equity has no fundamental value * JP Morgan says even if Ambac operates outside of receivership, holding co may default on debt service by Q1 2011 at earliest * JP Morgan says even if Ambac operates outside of receivership, holding co may default on debt service by Q3 2011 at the latest ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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Data is a real-time snapshot *Data is delayed at least 15 minutes