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NY insurance chief has several remedies for insurers http://www.reuters.com/article/marketsNews/idUKN1225549020080213?rpc=44&pageNumber=3&virtualBrandChannel=0

Ross On Buffett: Deal, But No Deal Topics:Credit | Municipal Bonds Sectors:Financial Services Companies:MBIA Inc | Ambac Financial Group IncBy Andrew Fisher | 13 Feb 2008 | 08:01 AM ET Font size: Billionaire to billionaire: Warren, it won't work. Turnaround specialist Wilbur Ross said...

If Buffett offer is rejected, regulator may step up N.Y. department may push similar plan if bond insurer situation gets worse By Alistair Barr, MarketWatch Last update: 6:30 p.m. EST Feb. 12, 2008Print E-mail RSS Disable Live Quotes SAN FRANCISCO (MarketWatch) -- If Warren Buffett's...

merrill has already written it off the losses. Others will probably follow. I see abk already balked @ the offer. Although they seem to be the one willing to go to runoff vs dilution so that would make sense.

these folks on CNBC seem to be missing the big picture. The survival of the bond insurers is irrelevant to the market now. If you rope off the munis your remove the biggest risk to the market - CONTAGION. Hell the CDO's are already smoked. That damage is done.

Buffett Offers to Assume Muni Liabilities of Insurers (Update1) By Emma Moody Feb. 12 (Bloomberg) -- Warren Buffett, the billionaire investor, said he offered to reinsure $800 billion of municipal liabilities of MBIA Inc., Ambac Financial Group Inc. and FGIC Corp. One company turned...

I'm thinking Dinallo will twist their arms. He'll probably force these companies to provide a viable alternative plan if they refuse to take the deal.

FLASH: Warren Buffett Tells CNBC He Has Plan for Bond Insurers Posted By:Alex Crippen Topics:Credit | Municipal Bonds | Warren Buffett Sectors:Insurance Companies:Ambac Financial Group Inc | MBIA Inc | Berkshire Hathaway Inc. Warren Buffett tells CNBC this morning that he has a plan to...

its all about how bad it will get. Shorts(aka hedgies) think the CDO's are going to like 10c on dollar while monolines argue that they have only insured top quality tranches and prices are going to .75 on the dollar. Only time will tell. However hedgies are pressing now as it is the...

Buffett to comment on bond insurers on Squawk Box tues morning.

stuck near lows 29 weeks and counting....

Monolines rescue efforts might be in vain By Aline van Duyn in New York Thu Feb 7, 4:25 PM ET MBIA (NYSE:MBI), the world's biggest bond insurer, has started the process of selling just over 50m of new shares, hoping this will raise $750m in fresh capital. ADVERTISEMENT Once...

http://www.cnbc.com/id/15840232?video=643829013&play=1 Gasparino on possible deal next week to bailout insurers.

MBIA Sells $1 Billion in Shares at $12.15 to Save AAA Rating By Christine Richard and Elizabeth Hester Feb. 7 (Bloomberg) -- MBIA Inc., the world's biggest bond insurer, raised $1 billion by selling shares at $12.15 each in an effort to protect its AAA insurance rating. The 82.3...

Security Capital's Bond Insurer Cut to A3 From Aaa By Moody's By Emma Moody Feb. 7 (Bloomberg) -- Security Capital Assurance Ltd.'s bond insurance unit, hobbled by a decline in subprime mortgage securities, lost its Aaa credit rating at Moody's Investors Service. XL Capital Assurance...

US Bank Regulators See Moderate Risks From Bond Insurers WASHINGTON (AP) -- Turmoil in the bond insurance industry does pose a risk to banks and the broader markets, but the risk to the nation's largest banks may only be modest, according to letters from federal and state financial...

http://www.marketwatch.com/news/story/mbia-selling-new-shares-raise/story.aspx?guid=%7BB63908A2%2DC148%2D4C04%2DA238%2D8B6EF7CFA3DB%7D

"This is good progress," New York State Insurance Superintendent Dinallo said in a statement on Wednesday after MBIA's announcement. "It's the kind of transaction we've been discussing and encouraging."

Fed monitoring bond insurer impacts-Bernanke Wed Feb 6, 2008 5:57pm EST WASHINGTON, Feb 6 (Reuters) - Federal Reserve Chairman Ben Bernanke said in a letter released on Wednesday that the Fed is "closely monitoring" any potential economic and banking impacts that might be felt from...

One would assume we will see some news from rating agencies before the open tomorrow.