Confidence Game - Christine Richard [169]
Division of Corporation Finance, SEC; Mark Schonfeld, Regional Director; New York office, SEC; Leslie Kazon, Assistant Regional Director, New York office, SEC; Steve Rawlings, SEC; “Bond Insurer Transparency: Open Source Research,” Jan. 30, 2008.
Dumas, The Count of Monte Cristo, p. 260.
Charles Gasparino, “Bond Insurers Face Downgrade Despite Call for Delay,” CNBC, Jan. 30, 2008.
MBIA fourth quarter 2007 earnings conference call, Bloomberg transcript, Jan. 31, 2008.
Dick Smith, “S&P Lowers FGIC Ratings to ‘AA’ From ‘AAA’; MBIA, XLCA Watch Negative,” Standard & Poor’s, Jan. 31, 2008.
William Ackman, letter to Federal Reserve Chairman Ben Bernanke, Federal Reserve Bank of New York President Timothy Geithner, Treasury Secretary Henry Paulson, and Under Secretary for Domestic Finance Robert Steel, Feb. 5, 2008.
Federal Open Market Committee, Board of Governors of the Federal Reserve System, Washington, DC. Meeting Notes for Jan. 29 and 30, 2008.
Dumas, The Count of Monte Cristo, p. 274.
CHAPTER 22 TIME RUNS OUT
Hearing of the Capital Markets, Insurance, and Government-Sponsored Enterprises Subcommittee of the House Committee on Financial Services, “The State of the Bond Insurance Industry,” chaired by Rep. Paul E. Kanjorski (D-PA), Federal News Service transcription, Feb. 14, 2008.
Essex Equity Holdings USA, LLC v. Lehman Brothers Inc., Financial Industry Regulatory Authority, Jan. 17, 2008.
MBIA Insurance Corp. v. Merrill Lynch Pierce Fenner, New York Supreme Court, New York County, Apr. 30, 2009. Docket 601324/2009.
In the Matter of UBS Securities LLC and UBS Financial Services Inc., Commonwealth of Massachusetts Office of the Secretary of the Commonwealth Securities Division, June 26, 2008. Docket 2008-0045.
Alex Crippen, “Buffett’s Big Muni Bond Offer,” CNBC interview transcript, CNBC. com, Feb. 12, 2008.
James J. Angel, Georgetown University, “The Municipal Bond Insurance Riddle,” The Financier: ACMT, vol. 1, no. 1 (February 1994).
“The State of the Bond Insurance Industry” hearings, Feb. 14, 2008.
CHAPTER 23 BAILOUT
William Gross, “Rescuing Monolines Is Not a Long-Term Solution,” FT.com, Feb. 7, 2008.
Vikas Bajaj and Julie Creswell, “Bond Insurer in Turmoil Turns to Familiar Leader,” New York Times, Feb. 20, 2008, section C, p. 2.
Jay Brown, letter to owners of MBIA Inc., Business Wire, Feb. 25, 2008.
William Ackman, Pershing Square presentation, “Restructuring the Bond Insurers to Protect All Policyholders,” Feb. 19, 2008.
“MBIA Says Ackman Proposal for Restructuring Guarantors No More Credible Than Flawed Open Source Model,” MBIA press release via Business Wire, Feb. 20, 2008.
Doug Noland, “The Breakdown of Wall Street Alchemy,” David Tice & Associates, Feb. 15, 2008.
Charles Gasparino and Steve Liesman, “Banks Attempt to Rescue Ambac, Other Insurers,” CNBC, Feb. 1, 2008.
William Ackman, e-mail to Brian Leach, Vikram Pandit, and Robert Rubin, Feb. 24, 2008.
Christine Richard, “MBIA, Ambac Step Up Efforts to Keep Credit Ratings,” Bloomberg News, Feb. 26, 2008.
Jim Bianco, president of Bianco Research LLC, interview with Pimm Fox on Bloomberg Television, Feb. 25, 2008.
Shannon Harrington and Christine Richard, “Moody’s and S&P Say MIBA is AAA; Debt Investors Aren’t So Sure,” Bloomberg News, Feb. 27, 2008.
Christine Richard, “MBIA Removed from Review at S&P, Ambac May Be Cut,” Bloomberg News, Feb. 25, 2008.
Jay Brown, letter to owners of MBIA Inc., Feb. 25, 2008.
Gross, “Rescuing Monolines Is Not a Long-Term Solution.”
Jay Brown, letter to owners of MBIA Inc., Business Wire, Mar. 10, 2008.
Christine Richard and Elizabeth Hester, “Ambac Gets $1.5 Billion in Capital to Keep AAA Grade,” Bloomberg News, Mar. 7, 2008.
Michael Callen, interview with Margaret Popper on Bloomberg Television, Mar. 7, 2008.
Jay Brown, letter to owners of MBIA Inc., Mar. 3, 2008.