Projects - Videos - 2010s

2010s Videos Snip 2021 0723
MAY 26, 2010 AIG Under Troubled Asset Relief Program, Panel 1 Witnesses testified on the $122 billion American International Group (AIG) received under TARP (Troubled... customer confidence in and insurance companies based reputation and credit ratings. oarents will not put their childs ftture chris by purchasing a life "L ware company from a poorly rated company.. no amotmt of liquidity in and save an insurance company whose customers are fleeing. the congressional budget offce estimates the federal reset-ce are in over S 12 billion in interest over the life of the loans made to aig under the revolving credit facilitv and the losses the facility be because the federal resem•e is ftlly collateralized. st one i would like to make is based experiences with aig the Ots reconlmends the establishment of the federal insurance regulator for holding companies that are predonlinantly engaged in Inslrance activities whether not they be deemed systemic MORE 804 VIEWS