Comments on: CEO Dunton is Ousted at MBIA; Breakup Under Consideration http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup.html Sun, 22 Nov 2009 20:38:51 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup.html#comment-4200 Anonymous Wed, 20 Feb 2008 02:02:00 +0000 http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup-under-consideration/#comment-4200 This is slightly off-topic, but I'm not sure where to post this.<br/><br/>Nouriel Roubini has a post entitled <a HREF="http://www.rgemonitor.com/blog/roubini/244405/" REL="nofollow">The Coming Muni Bonds Default Crisis…and the Monoline Downgrade Saga…</a>. <br/><br/>He writes:<br/><i>The conventional wisdom is that state and local government rarely default; thus, there is a viable business for monolines that insure only state and local government. We will argue in this article that such conventional wisdom – behind the current plans to split the monolines’ business in a “good” muni insurance component and a “bad” structured finance insurance component – may be wrong…</i><br/><br/>Unfortunately, the heart of his post is behind a registration firewall and I can't read his arguments. This is slightly off-topic, but I’m not sure where to post this.

Nouriel Roubini has a post entitled The Coming Muni Bonds Default Crisis…and the Monoline Downgrade Saga….

He writes:
The conventional wisdom is that state and local government rarely default; thus, there is a viable business for monolines that insure only state and local government. We will argue in this article that such conventional wisdom – behind the current plans to split the monolines’ business in a “good” muni insurance component and a “bad” structured finance insurance component – may be wrong…

Unfortunately, the heart of his post is behind a registration firewall and I can’t read his arguments.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup.html#comment-4198 Anonymous Tue, 19 Feb 2008 22:39:00 +0000 http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup-under-consideration/#comment-4198 what happens to the stock price if there is a breakup? what happens to the stock price if there is a breakup?

]]> By: Francois http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup.html#comment-4191 Francois Tue, 19 Feb 2008 20:36:00 +0000 http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup-under-consideration/#comment-4191 So the Board of Directors replace the CEO with his predecessor.<br/><br/>...huh huh! And that'll help their situation?<br/><br/>Collective hara-kiri could have been a good option too. So the Board of Directors replace the CEO with his predecessor.

…huh huh! And that’ll help their situation?

Collective hara-kiri could have been a good option too.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup.html#comment-4188 Anonymous Tue, 19 Feb 2008 19:20:00 +0000 http://www.nakedcapitalism.com/2008/02/ceo-dunton-is-ousted-at-mbia-breakup-under-consideration/#comment-4188 Break up under consideration... ok... and who gets left holding the bag? Break up under consideration… ok… and who gets left holding the bag?

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