2008 Crisis – Page 3

AIG – Coverup It seems to me that you’re covering for something. (p43) — Damon SILVERS, COP Member / Policy Director for the AFL-CIO 2010 1216 – COP – Hearing – Treasury Secretary Timothy Geithner, Congressional Oversight Panel – [PDF-88p, VIDEO-CSPAN] What could the New York Fed be hiding? For one thing, a clear explanation of why it…

The Wizard of Lies – [Bernie Madoff] – Diana B. Henriques The Wizard of Lies – [Bernie Madoff], by Diana B. Henriques — [BonkNote] 2011 – Book – The Wizard of Lies – [Bernie Madoff], by Diana B. Henriques 2012 0311 – VIDEO – c-span.org/video/?304739-6/the-wizard-lies Diana Henriques talked about her book The Wizard of Lies:…

Shock The flexibility of Universal Life that initially appealed to the policyholder which allowed him to change premium payments, coverages, etc., will make this annual report of the condition of his “account” an unanticipated shock. — Dale W. Hotze, is President of Hotze & Associates Inc., Jacksonville, Florida. 1983 – SOA – Universal Life (rsa83v9n32), Society…

AIG – Securities Lending – Leverage 2008 Financial Crisis – AIG – Securities Lending – 1) Ed Royce (R-CA), Dodd vs Eric Dinallo https://www.govinfo.gov/content/pkg/CHRG-111shrg51303/pdf/CHRG-111shrg51303.pdf 1) Ed Royce (R-CA) – And then came the fall of AIG. And the bets that brought down AIG were made through the firm’s securities lending division as well as the financial products unit.…

AIG – Insurance Regulators 2009 0303 – Missouri Insurance Commission – AIG Frequently Asked Questions – [link] (a) On September 16, 2008, Dinallo reiterated Governor Paterson’s offer to allow AIG to upstream $20 billion from its insurance subsidiaries (Dinallo Dep. 214:13- 21). Geithner responded, “No, we’re good” (id. at 215:16-18). As a result, Dinallo was “led…

Barclays AIG Securities Lending AIGFP Legal Case – re Barclays Bank PLC Securities Litigation Lehman Brothers MBIA barclaysbankplcsecuritieslitigation.com/ barclaysbankplcsecuritieslitigation.com/case-documents/summary-judgment-briefing.aspx monolines 503p – barclaysbankplcsecuritieslitigation.com/media/934718/sharan_nirmul_exhibits_61-80.pdf barclaysbankplcsecuritieslitigation.com/media/934797/sharan_nirmul_exhibits_211-234.pdf 2013 – LC – In re BARCLAYS BANK PLC SECURITIES LITIGATION, Document 66, Case 1:09-cv-01989-PAC – 101p Summary Judgment Briefing – AUDIO – [link] – LC – Plaintiff’s Response To The…

Financial Guarantors The greatest losses would be experienced by big CDO arrangers such as Citigroup, Merrill Lynch, and UBS, and by financial guarantors such as AIG, Ambac, and MBIA. 2011 01 – FCIC – Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States – 663p http://fgic.com/policyholderinfocenter/rehabdocs/docs/7_Assured.pdf 2021…

2008 – AIG – Sandbox 2008 0807 – Moody’s – Global Credit Research Rating Action – Rating Action: American International Group, Inc. – Moody’s reiterates negative outlook on AIG; US life ops negative AIG SunAmerica funding agreement-backed note programs — AIG SunAmerica Global Financing Trusts, ASIF I & II, ASIF III (Jersey) Limited, ASIF Global…

Maiden Lane II 2013 – Federal Reserve / AIG – MLII Financial Statements, Financial Statements as of and for the Years Ended December 31, 2013 and 2012, and Independent Auditors’ Report, FEDERAL RESERVE SYSTEM: FEDERAL RESERVE BANK OF NEW YORK – 17p 2013 0301 – Press Release – FRB-NY – Statement Regarding Recent Maiden Lane II Litigation…

Living Will 2013 – AP The Case Against the Dodd-Frank Act’s Living Wills: Contingency Planning Following the Financial Crisis, 9 Berkeley Business Law Journal 1, by Nizan Geslevich Packin – 66p (p26-27) – Blaine LUETKEMEYER (R-MO). One of the things that I, quite frankly, like about the Dodd-Frank Act is the living will that these agencies—…