New York Lieut. Gov. Richard Ravitch spoke to state Comptroller Thomas DiNapoli last week about the possibility of using pension funds to create a new bond insurer, Ravitch said in an interview with The Bond Buyer. There is no concrete proposal on the table, however.

"It's on my list of things to delve into now that I may have some responsibility," Ravitch said.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.