AIG – Unwinding

AIG – Unwinding

• Q: Did Insurance Regulators tell AIG to Wind-Down their Securities Lending Business?
• 2010 – FCIC Hearing – Eric Dinallo

• Unwinding in event of bankruptcy is likely to be very messy, because derivatives book is large and complex $2.7 Trillion, largely of very long-term structure products.

2008 0912 – FCIC – FRBNY / AIG Meeting Notes – 2p