Eric Dinallo On The Future Of Insurance Regulation (CNBC Video)

Eric Dinallo is the primary state regulator of AIG as Superintendent of the New York State Insurance Department.  He's a lawyer who worked for New York AG Eliot Spitzer from '99 to '03 and Morgan Stanley from '03 to '06 so his hands are not completely clean.  Not to mention that he had the opportunity to step in at AIGFP in 2007 and did not.  Nice.

Therefore, of course, here in bailout Wonderland with Alice trolling about somewhere in Washington, Dinallo still has his job and his word is gold.

Sue Herrera and Bill Griffeth with Dinallo.

Comments

[DailyBail]

The Daily Bail was noticed by Eric Etheridge of the New York Times. How about that shit.

http://opinionator.blogs.nytimes.com/2009/04/23/morning-skim-torture-foiled-nothing/

[DailyBail]

Very Interesting. The graphic in the link is from the Washington Post, not the Heritage Foundation.

http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/

[DailyBail]

Here is the AIG produced document used to scare the Fed and Congress into continuing their bailout of AIG.

http://www.scribd.com/doc/13112282/AIG-Risk-Bankruptcy-Report

[James H]

Daily Bail,

Thanks for posting the AIG document. What a shitty little piece of crap (as it were). This was clearly cobbled together in a hurry by retards like Joe Cassano in an attempt to save their cushy jobs. I'll be back to post more on this later. Fucking assholes.

[James H]

The AIG document posted above doesn't even make an argument. It's absolutely pitiful. A disgrace. It's just a bunch of bullet points with AIG letterhead on it.

Some of these bullet points consist of things like "the knee bone connected to the thigh bone..." Seriously. That's actually one of the bullet points -- a fucking children's song about bones. This is AIG's version of analysis. And apparently this is all it takes to shake down the Federal Reserve and the Treasury. Dem bones. Dem bones. Dem head bones are gonna roll if they're not careful because people are starting to wake up to this shit.

The other day at his hearing, Liddy couldn't even promise to pay back the TARP and the Fed loans. Couldn't even promise it would happen. It might happen, maybe. And only if the economy doesn't deteriorate further. Why wasn't he laughed right out of the building? This summer and fall are going to be real interesting when people realize they've been lied to again and again and again -- and things are getting worse. Mind you, I don't want things to get worse, but only delusion would suggest otherwise.

[McbrideDora]

If you are in the corner and have got no cash to get out from that, you will have to receive the <a href="http://lowest-rate-loans.com/topics/credit-loans">credit loans</a>. Because that would aid you emphatically. I take car loan every time I need and feel OK because of that.