| Description |
1 online resource |
| Series |
Global economic studies |
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Global economic studies series.
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| Contents |
THE AIG DEBACLE: GLOBAL IMPACT AND THE NEED FOR GOVERNMENT INTERVENTION ; THE AIG DEBACLE: GLOBAL IMPACT AND THE NEED FOR GOVERNMENT INTERVENTION ; CONTENTS ; PREFACE; AIG'S IMPACT ON THE GLOBAL ECONOMY: BEFORE, DURING AND AFTER FEDERAL INTERVENTION; ONLY AIG'S DOMESTIC INSURANCE COMPANIES ARE SUBJECT TO STATE INSURANCE REGULATION ; Untitled; AIG FINANCIAL PRODUCTS AND HOLDING COMPANY ARE FEDERALLY REGULATED; AIG AND ITS INSURANCE COMPETITORS CONTINUE TO ENGAGE IN VIGOROUS COMPETITION ; STATE INSURANCE REGULATION HAS PERFORMED WELL |
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STATE INSURANCE REGULATION MUST CONTINUE TO IMPROVE, INCLUDING SECURITIES LENDING FINANCIAL REGULATION CAN BE IMPROVED WITH A COORDINATED APPROACH TO SYSTEMIC RISK; CONSUMER PROTECTION MUST REMAIN JOB ONE FOR INSURANCE REGULATORS ; CAPITAL MARKETS SUBCOMMITTEE HEARING STATEMENT ADDRESSED TO EDWARD M. LIDDY, CHAIRMAN AND CHIEF EXECUTIVE OFFICER FOR AMERICAN INTERNATIONAL GROUP (AIG); TESTIMONY OF RODNEY CLARK, MANAGING DIRECTOR, RATINGS SERVICES, STANDARD & POOR'S FINANCIAL SERVICES BEFORE THE SUBCOMMITTEE ON CAPITAL MARKETS, INSURANCE AND GOVERNMENT SPONSORED ENTERPRISES |
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S & P'S CREDIT RATINGSS & P'S AIG RATING HISTORY ; Recent Ratings Actions on AIG ; S & P's Current Outlook for AIG; The Relationship between AIG and Its Subsidiaries ; THE EFFECT OF S & P'S RATINGS ON THE DECLINE OF AIG ; LACK OF INVOLVEMENT IN GOVERNMENT AID PACKAGES; CONCLUSION ; OPENING STATEMENT OF CHAIRMAN PAUL E. KANJORSKI BEFORE THE SUBCOMMITTEE ON CAPITAL MARKETS, INSURANCE AND GOVERNMENT SPONSORED ENTERPRISES |
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TESTIMONY OF EDWARD M. LIDDY, CHAIRMAN AND CHIEF EXECUTIVE OFFICER, AMERICAN INTERNATIONAL GROUP (AIG) BEFORE THE HOUSE FINANCIAL SERVICES COMMITTEE ON CAPITAL MARKETS, INSURANCE AND GOVERNMENT-SPONSORED ENTERPRISESTHE AIG FINANCIAL CRISIS: A SUMMARY ; What Happened?; Initial Investment from the U.S. Government ; Economic and Market Conditions Worsen ; WHAT DOES AIG DO?; WHAT WENT WRONG? ; WHY WAS AID RESCUED? ; HOW MUCH MONEY IS AT RISK AND WHERE DID IT GO? ; WHERE DID THE MONEY GO?; WHAT ARE THE SOURCES OF VALUE UNDERLYING THE U.S. TAXPAYERS' INVESTMENT IN AIG |
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HOW WILL AIG REPAY THE U.S. GOVERNMENT SUPPORT? HOW DID THE U.S. GOVERNMENT SUPPORT FOR AIG EVOLVE? ; WHY DID AIG REPORT SUCH A LARGE LOSS IN THE 4TH QUARTER?; WHAT IS THE STATUS OF AIG'S FINANCIAL PRODUCT BUSINESS? ; APPENDIX ; End Notes ; STATEMENT BY REP. CAROLYN MCCARTHY BEFORE THE SUBCOMMITTEE ON CAPITAL MARKETS, INSURANCE AND GOVERNMENT SPONSORED ENTERPRISES, FINANCIAL SERVICES COMMITTEE; STATEMENT OF SCOTT M. POLAKOFF, ACTING DIRECTOR, OFFICE OF THRIFT SUPERVISION BEFORE THE SUBCOMMITTEE ON CAPITAL MARKETS, INSURANCE AND GOVERNMENT SPONSORED ENTERPRISES; I. INTRODUCTION |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
|
Description based on print version record |
| Subject |
American International Group, Inc.
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| SUBJECT |
American International Group, Inc. fast |
| Subject |
Insurance companies -- United States.
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Global Financial Crisis, 2008-2009.
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Business enterprises -- State supervision
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BUSINESS & ECONOMICS -- Insurance -- Risk Assessment & Management.
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Business enterprises -- State supervision
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Insurance companies
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United States
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| Form |
Electronic book
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| Author |
Wayland, Peter A., editor
|
| LC no. |
2020686299 |
| ISBN |
9781613240519 |
|
1613240511 |
|
