Dinallo and AIG: Possibly a Good Thing

So, here’s a bit more about AG candidate Eric Dinallo and his relationship with AIG, which I thought would be a hindrance to his campaign but, actually, may be an asset.

Dinallo was the superindent of insurance in New York when the AIG collapsed, taking with it a ton of taxpayer dollars. But as Dinallo, and his campaign noted, he was in charge of the company’s insurance practices, which were fine. As superindent, he wasn’t in charge of the company’s unrelated business investments.

In fact, Warren Buffet praised Dinallo‘s role in regulating AIG. And if you need further explanation, Dinallo explained it all to This American Life.