Back to Search Start Over

Former Spitzer Aide Drives Bond-Insurer Rescue Talks.

Authors :
craig, Susanne
Pleven, Liam
Mollenkamp, Carrick
Richardson, Karen
Source :
Wall Street Journal - Eastern Edition. 2/6/2008, Vol. 251 Issue 30, pC1-C3. 2p.
Publication Year :
2008

Abstract

The article discusses the efforts of New York Insurance Superintendent Eric Dinallo to rescue financially troubled bond insurers. A weakening housing market in the U.S. has caused mortgage-backed securities to plummet in value, thus putting the insurers at risk. Dinallo is seen as acting aggressively in prodding banks to address the problem.

Details

Language :
English
ISSN :
00999660
Volume :
251
Issue :
30
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
28806981