<SEC-DOCUMENT>0001039565-20-000001.txt : 20200123
<SEC-HEADER>0001039565-20-000001.hdr.sgml : 20200123
<ACCEPTANCE-DATETIME>20200123151408
ACCESSION NUMBER:		0001039565-20-000001
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200123
DATE AS OF CHANGE:		20200123

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MBIA INC
		CENTRAL INDEX KEY:			0000814585
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				061185706
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-38598
		FILM NUMBER:		20541780

	BUSINESS ADDRESS:	
		STREET 1:		1 MANHATTANVILLE ROAD
		STREET 2:		SUITE 301
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577
		BUSINESS PHONE:		914-273-4545

	MAIL ADDRESS:	
		STREET 1:		1 MANHATTANVILLE ROAD
		STREET 2:		SUITE 301
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KAHN BROTHERS GROUP INC /DE/
		CENTRAL INDEX KEY:			0001039565
		IRS NUMBER:				132948997
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		KAHN BROTHERS & CO INC
		STREET 2:		555 MADISON AVENUE 22ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2129805050

	MAIL ADDRESS:	
		STREET 1:		KAHN BROTHERS GROUP INC
		STREET 2:		555 MADISON AVENUE 22ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KAHN BROTHERS & CO INC /DE/
		DATE OF NAME CHANGE:	20020107

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KAHN THOMAS GRAHAM
		DATE OF NAME CHANGE:	19970516
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>13g19mbia3.txt
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

SCHEDULE 13G

Under the Securities Act of 1934
(Amendment No.2)

ITEM 1
(a)	Name of Issuer: MBIA Inc.
(b)	Address of Issuer's Principal Offices:
       1 Manhattanville Road, Suite 301
       Purchase, NY 10577

ITEM 2
(a)	Name of Person Filing: KAHN BROTHERS GROUP INC.
(b)	Address of Principal Office:
				555 Madison Avenue,
				22nd Floor
				New York, NY 10022
(c)	Citizenship: USA
(d)	Title of Class of Securities: Common
(e)	CUSIP Number: 55262C100

ITEM 4
(a)	Amount beneficially owned: 5,401,839
(b)	Percent of Class: 6.748%
(c)	Number of shares as to which the person has:
(iv) 	Shared power to dispose or to direct
	the disposition of: 5,401,839

Item 6. Ownership of More than 5 Percent on Behalf of
Another Person

The securities to which this schedule is filed are all owned of record by
clients. These clients have the right to receive, or the power to direct
the receipts of, dividends from, or the proceeds from the sale of such
securities. No such client is known to have such right or power with
respect to more than five percent of this class of securities.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>