Confidence Game - Christine Richard [166]
Sanjay Sharma and Louis Aricson, letter to Jacques Rolfo and Charles Webster, “IXIS Risk Position Regarding the Residential Mortgage Market,” Dec. 18, 2006.
Chuck Webster, letter to CIFG Risk Committee, Dec. 19, 2006.
William Ackman, letter to Pershing Square investors, “Re: Third Quarter 2006 Performance,” Nov. 21, 2006.
CHAPTER 15 STORM WARNINGS
“The People of the State of New York, by Eliot Spitzer, Attorney General of the State of New York against MBIA, Inc., MBIA Insurance Corporation,” Assurance of Discontinuance, Jan. 25, 2007.
Heather Hunt, “MBI: Settlement Likely on Monday; Great News, But Still a Hold,” Citigroup, Jan. 28, 2007.
Securities and Exchange Commission v. MBIA, Inc. Complaint. United States District Court, Southern District of New York, Jan. 29, 2007.
Tamara Kravec, “MBIA Inc.: Settlement Overhang Removed; Room for More Multiple Expansion,” Bank of America, Jan. 29, 2007.
Robert Ryan, “MBIA: Let the Repurchases Begin,” Merrill Lynch, Jan. 29, 2007.
Andrew Wessell, “MBIA Inc.: Settlement Finally Announced, Shares Benefiting from Short Squeeze,” JPMorgan, North American Equity Research, Jan. 29, 2007.
MBIA fourth quarter 2006 earnings conference call, Bloomberg transcript, Jan. 30, 2007.
“MBIA Announces $1 Billion Share Repurchase Authorization,” MBIA press release via Business Wire, Feb. 1, 2007.
Christine Richard, “MBIA Used Short Seller’s Report to Help Get Lawsuit Dismissed,” Bloomberg News, Feb. 22, 2007.
Josh Rosner, “How Resilient Are Mortgage Backed Securities to Collateralized Debt Obligation Market Disruptions?” Feb. 15, 2007.
Mark Adelson, Nomura Fixed Income Research, “Report from Las Vegas 2007,” Feb. 5, 2007.
Financial Guaranty Insurance Company and FGIC UK Limited v. IKB Deutsche Industriebank AG, IKB Credit Asset Management GMBH, Havenrock II Limited, and Calyon Credit Agricole CIB. Complaint filed Mar. 10, 2008, New York Supreme Court, New York County. Docket No. 08600704.
William Gross, “Looking for Contagion in All the Wrong Places,” PIMCO Investment Outlook, July 2007.
William Ackman, letter to Pershing Square investors, “Re: Fourth Quarter and Annual Performance for 2006,” Mar. 5, 2007.
Mark Pittman, “Subprime Securities Market Began as ‘Group of 5’ Over Chinese,” Bloomberg News, Dec. 17, 2007.
Hamish Risk, “Asset Backed Derivatives Index Get $5 Billion of Trade,” Bloomberg News, Jan. 20, 2005.
Deutsche Bank Securities presentation, “Shorting Home Equity Mezzanine Tranches: A Strategy to Cash In on a Slowing Housing Market,” April 2007.
CHAPTER 16 AN UNCERTAIN SPRING
Deutsche Bank, “Conference Call on Bear Stearns Hedge Fund Ramifications,” Global Markets Research, June 25, 2007.
MBIA first quarter 2007 earnings conference call, Bloomberg transcript, Apr. 26, 2007.
Moody’s Investors Service, “Special Comment: Mapping of Moody’s Municipal Ratings to the Global Scale,” June 2007.
William Ackman, presentation at the Ira Sohn Conference, “Who’s Holding the Bag,” New York City, May 23, 2007.
Heather Hunt, “Maintain Comfort with MBS? Woes; Near-term Volatility a Buying Opportunity,” Citigroup Investment Research, May 31, 2007.
William Ackman, e-mail to Heather Hunt, May 31, 2007.
Deutsche Bank, “Conference Call on Bear Stearns Hedge Fund Ramifications.”
Mark Pittman, “S&P May Cut $12 Billion of Subprime Mortgage Bonds,” Bloomberg News, July 10, 2007.
Financial Guaranty Insurance Company and FGIC UK Limited v. IKB Deutsche Industriebank AG, et al.
Günther Bräunig, “On the Way to Realigning the Business,” IKB Deutsche Industriebank, Oct. 16, 2007.
MBIA second quarter 2007 earnings conference call, Bloomberg transcript, July 26, 2007.
Christine Richard, “MBIA Consultant Ends Probe Into ‘Black Hole’ Deal,” Bloomberg News, July 25, 2007.
Lankler Siffert & Wohl LLP, Report of the Independent Consultant to MBIA Inc., July 24, 2007.
CHAPTER 17 APOCALYPSE NOW
Janet Tavakoli, Structured Finance and Collateralized Debt Obligations: New Developments in Cash and Synthetic Securitization,