2008 Crisis – Page 12

Paul Volcker 1979-1987 – Federal Reserve, Chair, August 1979 to August 1987 2009-2011 – Economic Recovery Advisory Board, Chair, February 2009 until January 2011. Volcker Rule fraser.stlouisfed.org/archival-collection/paul-a-volcker-papers-5297 volckeralliance.org/profiles/paul-volcker 2015 – Volcker Alliance – Prior Proposals to Consolidate Federal Financial Regulators – 188p National Commission on the Public Service Report of the National Commission on the…

TARP – Troubled Asset Relief Program TARP – MEDIA 2009 0408 – WSJ – U.S. to Offer Aid to Life Insurers: Firms Face Capital Crunch; How Much They Will Get From TARP Remains Unclear, By Scott Patterson, Deborah Solomon and Leslie Scism – [link] Shares of life insurers have fallen more than 40% this year. Their…

COP – Congressional Oversight Panel COP – Index Start – 2008 1126 End – COP – Reports COP – June 2010 Report – Snippets cybercemetery.unt.edu///cop.senate.gov/ Firefox, not Chrome cybercemetery.unt.edu///frbny-documents.pdf cybercemetery.unt.edu////aig-documents.pdf congress.gov/committee/congressional-oversight-panel/jocp00 wikipedia.org///Congressional_Oversight_Panel_(COP) CSPAN – COP – Troubled Asset Relief Program Oversight Panel – [link] senate.gov/general/common/generic/COP_redirect.htm The Congressional Oversight Panel (COP) was a bipartisan organization that…

Liquidity In contrast, many of the investment-oriented products marketed in the last decade have shorter duration and require greater liquidity than was needed in earlier … 1992 – World Bank – The Life Insurance Industry in the United States: An Analysis of Economic and Regulatory Issues, by Kenneth M. Wright – 54p (p8) – An increase in…

Sandbox – AIG https://ypfsresourcelibrary.blob.core.windows.net/fcic/fcic-testimony/2010-0630-AIG-Risk-Management.pdf Frank P. Filipps https://www.actuaries.asn.au/Library/Events/SUM/2013/4b-Ferris.pdf FRB Coryann Stefansson – Now SIFMA 2:15:28 – Carolyn Maloney: bad regulatory decision? – Liddy: yes all life insurance companies would have been in trouble… asset prices….capital markets 2009 0318 – AMERICAN INTERNATIONAL GROUP’S IMPACT ON THE GLOBAL ECONOMY: BEFORE, DURING, AND AFTER FEDERAL INTERVENTION – aka Federal…

Finding Aids Actuarial soa.org/ Federal Government Hearings c-span.org/ Google Play govinfo.gov COP – No Finding Aid Availabe FCIC – Finding Aid for the Records of the Financial Crisis Inquiry Commission

Securities Lending Securities Lending – Index Securities Lending – AIG Securities Lending – AIG – FCIC Securities Lending – FCIC Securities Lending – FRB Securities Lending – Insurance Regulators Figure 7 illustrates our identification strategy by focusing on the differences in lending behavior between MetLife and AIG. 2019 – FRB – Over-the-Counter Market Liquidity and…

Bernie Madoff 2008 1211 – Madoff arrested “split-strike conversion strategy” nytimes.com///projects/madoff Harry Markopolos Tremont – Massachusetts Mutual 2011 0728 – NYT – Settlement of More Than $1 Billion From Madoff-Related Funds, By Reuters – [link] Mr. Picard has said Tremont, based in Rye, N.Y., which is part of the Massachusetts Mutual Life Insurance Company, was the…

Terri Vaughan – Therese M. Vaughan Drake University – Professor AIG Board of Directors Allied Board of Directors Insurance Regulation 1994-2004 – Iowa Insurance Commissioner 2002 – NAIC president in 2002. 2009-2012 – NAIC CEO 2013 – Textbook – Fundamentals of Risk and Insurance, Eleventh Edition, by Emmett J. Vaughan and Therese M. Vaughan Education 1979…

Eric Dinallo Dinallo – Index 2007 01 – 2009 07 – New York State Superintendent of Insurance Dinallo – List Dinallo – 2008 Financial Crisis AIG – Securities Lending – Dinallo 2012 – Paper – Prosecuting Securities Fraud from a New York Perspective, by Eric Dinallo – 6p 2021 0225 – YPFS Lessons Learned Oral History Project:…