AIG - Haircuts
- Par
- Shared Sacrifice
- 2010 0127 - GOV - Geithner
- Lynch - No Shared Sacrifice
- As noted, the FRBNY and Treasury have advised the Panel that it was all but impossible for the taxpayers to have received discounts to par from the AIG counterparties upon the termination of their CDS and SL contracts with AIG.
- Not all agree with this assessment. (p291)
2010 0610 - COP - Report - The AIG Rescue, Its Impact on Markets, and the Government’s Exit Strategy - 337p
- 1 See Richard Teitelbaum and Hugh Son, “New York Fed’s Secret Choice to Pay for Swaps Hits Taxpayers,” Bloomberg.com (October 27, 2009)
2009 1030 - GOV (Issa) to William C. Dudley, President, Federal Reserve Bank of New York - 5p