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Word: pasciucco (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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Usage:

...Between the CDS and securities-lending fiascoes, AIG still has lots of work to do. Gerry Pasciucco, the new head of AIG FP, is working to whittle down AIG's trading book by $1.1 trillion. Which raises the question, Does he really need those $165 million bonus babies to finish the job? AIG says yes, because they know the trades and the system, but not everyone agrees. "This is an engineering problem," says Rick Bookstaber, a risk expert and the author of A Demon of Our Own Design, which predicted the predicament we're in. "Right now there are probably...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

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