Ron Dadina Joins Bear Stearns

MBIA veteran Ron Dadina started at Bear Stearns Monday. He has been appointed managing director in the DCM department, reporting to Ajata Mediratta. Bear is building up a niche in construction finance, following its success last year with Cap Cana, a $250m 9.625% of 2013 to build a luxury resort in the DR. Dadina was a director in MBIA’s global corporate structured finance group responsible for global origination, analysis and execution of future flow deals. The financial guarantor did issues with CVRD, Bradesco and Mexico’s Toluca toll road, among other Latin issues.