Eric Dinallo: "We modernised ourselves into this ice age"

To his credit, Eric Dinallo, the New York Superintendent of Insurance, did take the brewing mess at bond insurers MBIA (under his jurisdiction, and completely intransigent) and Ambac seriously enough to try to Do Something About It. In the end, his efforts came to nought, swept aside in the tidal wave of credit messes. But … Continue reading Eric Dinallo: "We modernised ourselves into this ice age"