Dinallo
Bond Insurers – Media
Bond Insurers – Media Monolines MGIC Investment Radian Group ACA Maryland Insurance Administration – Company Regulator FCIC – Interview – mp3 Bear Stearns AIGFP Ambac Wisconsin Insurance Commission – Company Regulator subsidiary – Connie Lee Assured Guaranty Berkshire Hathaway Assurance New York Insurance Commission – Company Regulator Capital Markets Assurance Corporation CIFG Holding Financial Guaranty…
Read MoreRumors
Rumors (b) Listen to the rumors. One interesting fact about rumors: they are often true. Also, rumors tend to run ahead of public disclosure of significant problems. It is important to pay attention to what is being said in the street about particular companies. It is also important to consider such information carefully so that…
Read MoreMonolines
Monolines Bond Insurers ACA Ambac FSA – Financial Security Assurance MBIA Financial Guarantee Insurance Financial Guarantors Bond Wraps Bill Ackman Eric Dinallo – 2007 01 – 2009 07 – New York State Superintendent of Insurance 1998 – SOA – Credit Enhancement of Guaranteed Investment Contracts and Funding Agreements, Society of Actuaries – 14p 2003 – Monoline Insurance & Financial Guaranty…
Read MoreBill Ackman
Bill Ackman Gotham Pershing Square Herbalife 2015-? – Bill Ackman – [Herbalife] – Who Wants to be a Millionaire – 334p 2016 – VIDEO – Betting on Zero – [Herbalife] — [BonkNote] — [VIDEO-YouTube-01:44:16] Carl Icahn 2013 – CNBC – Billionaire Brawl: Icahn vs. Ackman – [link-YouTube] Clash Of Titans: Carl Icahn Vs. Bill Ackman Five Years After Epic…
Read MoreQuestioning the Solvency of an Insurance Company
Questioning the Solvency of an Insurance Company 1989 0501 – National Press Club / CSPAN – Where Was the Press During the S&L Crisis? – [link] Jim Leach – (House-R-IA: 1977-2007) Bean – Vaughan Dinallo 1991 – GOV – Insurance Insovenc – Baldwin United – Insurance Commissioners 199x – GOV – Executive Life – Siegerman. 199x – GOV…
Read MoreCan’t Say
Can’t Say A judge has ordered The Twin Falls Times News to pay $1.9 million in libel damages after it refused to disclose its sources for articles that an insurance company said ruined its business. 1978 0406 – NYT – $1.9 Million Payment Ordered in Libel Case – [link] 2007 0722 – WSJ – U.S. Regulators Shut Down…
Read MoreAIG – Potential Damage to the Economy
AIG – Potential Damage to the Economy Nothing Millstein Dinallo – ATMs 2010 0127 – GOV – Kanjorski, Paulson, Geithner, Cleaver?? Among the points highlighted for lawmakers was that A.I.G. was one of the 10 most widely held stocks in 401(k) retirement plans, and that its collapse could potentially cause an enormous run on mutual…
Read More2010 0701 – FCIC – 2008 Financial Crisis and Derivatives, Day 2, Regulators Panel
2010 0701 – FCIC – 2008 Financial Crisis and Derivatives – Day 2 – Regulators Panel fcic.law.stanford.edu/hearings/testimony/the-role-of-derivatives-in-the-financial-crisis#documents fcic.law.stanford.edu/videos/view/39 2010 0701 – FCIC – Hearing – 2008 Financial Crisis and Derivatives, Day 2, Regulators Panel – [PDF-313p, VIDEO-CSPAN] Eric Dinallo (NY Insurance Regulator), Gary Gensler (CFTC), Clarence Lee (OTS) 21:00 – How come we didn’t see…
Read MoreRun – Examples
Run – Examples No Runs on Life Insurance The events of 1980 when policy loans, surrenders, the shortfall of pension inflows, and scattered withdrawals of employee benefit funds forced sizeable borrowings and even some asset liquidations to meet the drain are not necessarily a unique set of circumstances. 1983-2, NAIC Proceedings 2008 – Financial Times -…
Read MoreAIG – Solvency
AIG – Solvency “Conditionally Solvent” Q: Would It Have Been Illegal To Say That AIG Was Insolvent? SAP – Statutory Accounting Principles Tom Baxter 2010-07-29 FCIC staff audiotape of interview with Scott Alvarez, Bill English, Kieran Fallon and Bill Nelson, Federal Res~1.mp3 Scott Alvarez, FRB – re: AIG – They were solvent, they just couldn’t…
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