Results tagged “MBIA” from Dealbreaker

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I Want My Two Dollars

What will we miss most about the last few years? Well, the list is long, but high up on it is Bill Ackman's skewing of MBIA. That trade was a brutally long campaign, and caught Ackman a lot of flak...

TARP for MBIA?

I'm sure there is someone less deserving of Treasury assistance than the likes of MBIA. There are, after all, still some felons out there that could use a couple extra million. Still, since everyone else is slurping at the bailout...

Bond Insurer To Sue Hedge Fund For Speaking Truth?

The following copy has been revised so as not to offend the delicate palates of a select few. These individuals were brave enough to speak up against the injustice I apparently inflicted on the English language with the previous version...

Update: Charlie Gasparino's (Stomach Has) Got Something To Say

Sooo. Moments after we announced our latest market moving experiment, inspired by the stomach rumblings of Charlie Gasparino, C to the G called us to “set the record straight.” Gasparino, who seemed a bit perturbed at Barron’s writer Jonathan Laing’s...

Breaking News From Charlie Gasparino By Way Of The Nitrates Acting Up In His Stomach

Barron’s has an article today about how even though no one knows anything about credit-default swaps, few people can resist speculating, the analysts in Charlie Gasparino’s lower abdomen included. Around 3 pm on January 30th the CNBC on-air editor said...

Is Muni Bond Insurance A Racket?
The Portfolio Gang Responds!

Although it looks like MBIA is now out of the woods, rival bond insurer Ambac’s fate is still murky. Reports indicate that the ratings agencies are now considering the rescue plan worked out by banks and state insurance regulators. The...

Dinallo's Strong Arm Tactics

Eric Dinallo, the former Spitzer aide who is now New York State's insurance regulator, insists that the bond insurers are not on the verge of insolvency. But his plan to split the municipal bond business from the rest of their...

Bond Insurer Split: Worst Possible Outcome For Wall Street

When he first approached Wall Street to explore plans to rescue bond insurers, New York state’s top insurance regulator Eric Dinallo warned top bankers that they had helped create the mess and that they were facing serious losses if something...