EX-21 9 dex21.txt LIST OF SUBSIDIARIES Exhibit 21 SUBSIDIARIES OF MBIA INC. ========================= NAME OF SUBSIDIARY STATE OF INCORPORATION ------------------ ---------------------- MBIA Insurance Corporation New York Municipal Issuers Service Corporation New York MBIA Insurance Corp. of Illinois Illinois MBIA Asset Management, LLC Delaware MBIA Municipal Investors Service Corporation Delaware Colorado Investor Services Corporation Colorado MBIA Investment Management Corp. Delaware MBIA Capital Management Corp. Delaware 1838 Investment Advisors, LLC Delaware 1838 Delaware Holding, LLC Delaware MBIA & Associates Consulting, Inc. Delaware MBIA Capital Corp. Delaware MBIA International Marketing Services, Pty. Limited Australia MBIA Assurance S.A. France MBIA Singapore Pte Ltd. Singapore MBIA Services Company Delaware MBIA MuniServices Company Delaware Municipal Tax Collection Bureau, Inc. Pennsylvania John T. Austin, Inc. California Allen W. Charkow, Inc. California Municipal Resource Consultants California Muni Resources, LLC Delaware Capital Asset Holdings GP, Inc. Florida CapMAC Holdings Inc. Delaware Capital Markets Assurance Corporation New York CapMAC Investment Management, Inc. Delaware CapMAC Financial Services, Inc. Delaware CapMAC Financial Services (Europe) Ltd. United Kingdom CapMAC Asia Ltd. Bermuda