Bonds

Commentary: MBIA Versus Ackman, and Other Bond Insurance Miscellany 

In what’s clearly becoming an all-out assault on Bill Ackman’s short position and his allegations that the insurer is undercapitalized, after CFO Charles Chaplin earlier questioned Ackman’s motives in his testimony on Capitol Hill on Thursday, MBIA later this morning released the text of a letter sent to regulators in response to Ack