The Biggest Corporate Turnaround in History

Plus: Ambac, Fortress Investment Group, The Queen

Britain got a new prime minister this week (and also a new head of state, but more on that below). With an energy crisis to confront, feeding into a cost of living crisis, she has a lot on her plate. At least the banks are doing OK. In fact, with interest rates rising, some of them are doing quite well. Luckily for Ms Truss, the UK government owns just …