Dinallo – Page 2 – [BonkNote]

AIG – Insurance Regulators 2009 0303 – Missouri Insurance Commission – AIG Frequently Asked Questions – [link] (a) On September 16, 2008, Dinallo reiterated Governor Paterson’s offer to allow AIG to upstream $20 billion from its insurance subsidiaries (Dinallo Dep. 214:13- 21). Geithner responded, “No, we’re good” (id. at 215:16-18). As a result, Dinallo was “led…

Absurd An insured has no right to rely upon an agent’s patently absurd interpretation of a policy. He ordinarily may rightfully rely, however, upon an agent’s interpretation that is plausible and not in patent conflict with the printed policy although legally untenable. Mutual Ben. Life Ins. Co. of Newark, N.J. *403 v. Bailey, 5 Storey…

Eric Dinallo vs Capital in Monolines / AIG (p220) – Eric Dinallo – So I do think that essentially the rating agencies and the counterparties missed this. And they believed that in the trillion dollar balance sheet of AIG– Chairman Angelides: Somewhere, somehow, there would be money. Eric Dinallo: Like it would in a monoline. There’s tons of…

Regulation – Insurance – Coordination Eyes I realized, there was nobody else. There was no one for me to get help on this. This was it. I’m in the room. Geithner’s asking. Paulson’s listening. I finally had no one else to ask. I mean, my experts obviously. But it was one of those moments in…

AIGFP – CDS – Collateral / Reserves Blankfein – FCIC Interview Cassano Dinallo ISDA The segment of the CDS market that experienced large losses and the greatest difficulties involved CDS related to asset backed securities linked to the subprime real estate market. Although the asset backed CDS market is a relatively small segment of the…

Barclays AIG Securities Lending AIGFP Legal Case – re Barclays Bank PLC Securities Litigation Lehman Brothers MBIA barclaysbankplcsecuritieslitigation.com/ barclaysbankplcsecuritieslitigation.com/case-documents/summary-judgment-briefing.aspx monolines 503p – barclaysbankplcsecuritieslitigation.com/media/934718/sharan_nirmul_exhibits_61-80.pdf barclaysbankplcsecuritieslitigation.com/media/934797/sharan_nirmul_exhibits_211-234.pdf 2013 – LC – In re BARCLAYS BANK PLC SECURITIES LITIGATION, Document 66, Case 1:09-cv-01989-PAC – 101p Summary Judgment Briefing – AUDIO – [link] – LC – Plaintiff’s Response To The…

Q: AIG – 2008 – Did the Federal Reserve and the Department of the Treasury study insurance regulatory schemes and deemed them inadequate? <What Newspaper is this from?> – “State laws segregate the assets needed to protect policyholders within the highly regulated subsidiaries at AIG and if they were to fail, state guarantee funds exist…

2021 0225 – YPFS Lessons Learned Oral History Project: An Interview with Eric Dinallo – 19p 2021 0225 – Yale – YPFS Lessons Learned Oral History Project: An Interview with Eric Dinallo, Former New York State Superintendent of Insurance (2007-2009) — [BonkNote] — 19p (p7) – Dinallo: I decided that I had enough information, and enough…

Starr v United States – Document 428 (p36 / 89) – 7.5 AIG’s Securities Lending Operations Faced the Same “Run on the Bank” Pressures as Many Other Financial Firms. (a) Bernanke: “Whenever there was doubt about a firm, as in a standard bank run, the investors, the lenders, and the counterparties would all pull back…

2008 – NAIC Proceedings Binder – 9431p (p708) – 9. Receive the Report of the Financial Analysis Working Group Roger Peterson (WI) delivered the report of the Financial Analysis Working Group, which met in a regulator-to-regulator session March 31, 2008, to hear presentations on nationally significant insurers and groups that are exhibiting characteristics of potentially…