Word: aigã
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...unconcerned.AIG had hired Gary B. Gorton—a financial economist at Yale—to use quantitative models to project the worst case scenario for the company’s balance sheet.Using historical data, the models predicted a rosy future not too-unlike the recent, prosperous past, giving AIG??s leadership confidence in entering uncharted markets.But by last September, one of AIG??s gambles had all but destroyed the institution—once the 18th largest public company in the world. To prevent an abrupt and potentially catastrophic collapse, AIG was forced to take...
...We’ve spent considerable effort focused on AIG??s board of directors,” AIG trustee Douglas L. Foshee said during a May 13 hearing before the U.S. House of Representatives' Committee on Oversight and Government Reform. “We’ve come to the conclusion that if AIG is to succeed, it needs a fresh start...
During his time on AIG??s nine-member board of directors, Feldstein served on the board’s finance and risk management committee as well as the regulatory, compliance, and public policy committee...
...perspective the centrality of these companies to their respective sectors and to the financial market as a whole, consider that Mae and Freddie Mac finance roughly 80 percent of new mortgages for American homebuyers, while AIG provides more commercial insurance than any other company in the world. Moreover AIG??s dominance in the life insurance and fixed annuities markets makes its performance particularly important to the financial health of so many Americans. Trevor Jones, a managing director at Insurance Security Services, told the Financial Times that permitting the collapse of AIG would be akin...
...internal probe came in response to a separate investigation spearheaded by New York Attorney General Eliot Spitzer and the U.S. Securities and Exchange Commission. Last week, it was revealed that officials are also investigating whether Greenberg attempted to prop up AIG??s stock price in the weeks before his removal...