A sign of the times: Ailing bond insurer MBIA has taken credit-rating agency Fitch to task for not being more tough on muni bond insurers, notes Fortune. The firm made waves when it asked Fitch to stop rating its debt. In another letter, it said Fitch simply does not require enough capital of muni bond insurers. Neither side has come off looking good in the bond insurer meltdown, but there is some irony in MBIA calling for tougher standards on itself. The real goal seems to be to keep competitors from gaining a foothold as MBIA splits itself in two. We'll see how this plays out.  

For more:
- here's the Fortune article

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