Eric Dinallo – 2008 Financial Crisis

(p60) – Response to Written Questions of the Senate Banking Committee from Eric Dinallo

 

  • “308 letter” “dinallo” “securities lending”

Meetings

  • 2008 0914 – GS-Starr-000000008 – 3p
    • Subject: Board meeting conclude.
    • We (TPG,KKR and GS)just met with company and advisors.
    • Subsequently the insurance regulator.
    • Explained we needed more time to finalize (48-72 hours).
    • We discussed at length term sheet. Sponsors suggested some indicative terms.
      We are going to work thru a work plan and divide up tasks appropriately.
      We told them they needed to raise at least 50 billion with 20 of equity. Fed discussions still ongoing. 
  • 2008 0915 – (c) “At 11:30 am on September 15, 2008, Mr. Willumstad, New York State Insurance
    Department Superintendent Eric Dinallo, FRBNY President Geithner, Treasury contractor Dan
    Jester, and certain Government officials, as well as representatives of Morgan Stanley,
    JPMorgan, and Goldman Sachs attended a meeting at FRBNY.” (Agreed to Stipulations ¶ 95)
    • Starr International Company, Inc. v. The United States – Case 1:11-cv-00779 – Document 428 – Plaintiff’s Proposed Findings of  Fact – 573p 

Testimony

  1. 2008 0214 – GOV (House) – The State of the Bond Insurance Industry – [PDF-473p – Video – Youtube (Part 1 of 2), Youtube (Part 1 of 2)
    1. Testimony – Eric Dinallo – NYSID
  2. 2008 0416 – GOV (House) – Examining Proposals on Insurance Regulatory Reform – [PDF-188p, No Video]
    1. Eric Dinallo, Interstate Compact, Optional Federal Charter,
  3. 2008 1007 – GOV (House) – Testimony of E Dinallo Before the House Oversight Committee_1.pdf – 8p
  4. 2008 1014 – GOV (Senate) – 2008-10-14 Dinallo Testimony Before the Senate Ag Committee_1.pdf – 8p
  5. 2010 0701 – 2008 Financial Crisis and Derivatives, Day 2, Regulators Panel – pdf-313p – CSPAN-Video
    • FCIC Testimony – Superintendent of the New York State Insurance Department, Eric Dinallo Testimony to FCIC (The Role of Derivatives) – 20p

FCIC / 2008 Crisis Documents

  1. 2008 0914 – FRBNY – Federal Reserve Bank re: Conference Call with Eric Dinallo … on the Financial Condition of AIG – 4p
  2. 2010 0610 – FCIC memo of staff interview with Eric Dinallo – [Link to page – Automatic Download – 7p]
  3. 2021 – YPFS Lessons Learned Oral History Project: An Interview with Eric Dinallo – 19p
    • 2021 – Lessons Learned: Eric Dinallo, Journal of Financial Crises – 6p

Media

  1. 2010 0202 – WSJ – by Eric Dinallo – What I Learned at the AIG Meltdown: State Insurance Regulation Wasn’t the Problem – [link]  
2010-06-10 COP AIG Rescue.pdf   Jun 10, 2010 … Committee on Banking, Housing, and Urban Affairs, Written Testimony of Eric Dinallo, superintendent, New York. State Insurance Department …   1 1 FINANCIAL CRISIS INQUIRY COMMISSION 2 Official Transcript … fcic-static.law.stanford.edu › fcic-testimony › 2010-0701-Transcript Thumbnail image   Jul 1, 2010 … Dinallo who was the Superintendent of Insurance, the. 23 insurance regulator in the State of New York, as well as a. 24 representative from the …   Financial Crisis Inquiry Commission Announces Witnesses and … fcic-static.law.stanford.edu › cdn_media › fcic-news › 2010-0629-Advisory Thumbnail image   Jun 29, 2010 … Eric R. Dinallo, former Superintendant. New York State Insurance Department. Gary Gensler, Chairman. Commodity Futures Trading …   Notes fcic-static.law.stanford.edu › fcic-reports › fcic_final_report_notes   Jun 30, 2010 … Superintendent Eric Dinallo, Review of the Role of Credit Derivatives in the U.S. Economy: Before the H. Comm. on. Agriculture, Nov. 20, 2008 …   APPENDIX B: LIST OF HEARINGS AND WITNESSES fcic-static.law.stanford.edu › cdn_media › fcic-reports › fcic_final_report_… Thumbnail image   Eric R. Dinallo, Former Superintendant, New York State Insurance Department. Gary Gensler, Chairman, Commodity Futures Trading Commission. Clarence K.   Resource Library: Financial Crisis Inquiry Commission fcic-static.law.stanford.edu › cdn_media › fcic-testimony   2010-0701-Dinallo.pdf, 67K. [ ] · 2010-0701-Bensinger.pdf, 15K. [ ] · 2010-0701- Athan-Frost-email.pdf, 36K. [ ] · 2010-0701-AIG-Goldman-supporting-docs.pdf …   1610390415-text02_Layout 1 fcic-static.law.stanford.edu › fcic-reports › fcic_final_report_index Thumbnail image   Dinallo, Eric, ,. Disclosure, – ,. Disintermediation,. Ditech,. Documentation on mortgage loans, – . Dodd …     Financial Crisis Inquiry Commission Releases Additional Material … fcic-static.law.stanford.edu › fcic-news › Press_Release_2.10.11.pdf Thumbnail image   Feb 10, 2011 … James. Dimon. JPMorgan Chase. Eric R. Dinallo. New York State Insurance Department. Dianne. Dobbeck. Federal Reserve Bank of New York.   Michael Greenberger Follow Up fcic-static.law.stanford.edu › cdn_media › fcic-testimony › Derivatives Thumbnail image File Format: PDF/Adobe Acrobat   Sep 13, 2010 … 110th Cong. 3 (Oct. 14, 2008) (opening statement of Eric Dinallo, Superintendant, New York State. Insurance Dept., stating that ―[w]e engaged …   Resource Library: Financial Crisis Inquiry Commission fcic-static.law.stanford.edu › cdn_media › fcic-docs  
  • x – 2010-06-04 MFR of Interview with Eric Dinallo_1.pdf
  • b. Key Quotes – Eric Dinallo_1.pdf
  • d. 2009-03-05 E Dinallo Tesimony Before the Senate Banking Committee_1.pdf
  • b-i. Dinallo written tstmny for FCIC 7-1-10_1.doc
  • Notes of 9_14_08 conference call with Dinallo FCIC-AIG0021169- 72_1.pdf – R
  • 2010-07-09 FCIC ltr to Mr. Dinallo_1.pdf