2008 Crisis – Page 4

Jim Millstein 2009-2011 – U.S. Department of the Treasury – Chief Restructuring Officer 2008 Financial Crisis 2010 0526 – COP – Hearing – TARP and Other Government Assistance for AIG — [BonkNote] — [PDF-241p] – [VIDEO-CSPAN-Parts 4 and 5] 2010 0526 – COP – Hearing – Written Testimony – Jim Millstein (Chief Restructuring Officer U.S. Department…

Starr International Company Hank Greenberg – AIG Legal Cases 11-0779 – Starr International Company vs United States 12-5022 – Starr International Company, Inc. v. Federal Reserve Bank of New York and American International Group 14-cv-0159 – Starr International vs United States, Counterclaim United States v Starr International 15-5103 – Starr International Company vs United States…

Ring Fence AIG – Ring Fencing Insurance Companies

Bankruptcy AIG – Bankruptcy – Life Insurance Companies Chandler Act in 1938 Bankruptcy Reform Act of ” 1898 1975 1978 UILA – Uniform Insurers Liquidation Act 1973 – GOV (House) – Report of the Commission on the Bankruptcy Laws of the United States – Part 1 – 343p UILA – Uniform Insurers Liquidation Act 1940 -…

Stays Moratorium 1983 10 – SOA – The Actuary – New South Life: The Sequel, Ed. Note: This Contributors Identification is known to the Editor, Society of Actuaries – 8p Among Points for Actuaries to ponder: The rescue operation might have failed especially if new policyholders had understood that the company might, as it did, go out…

Monolines Bond Insurers ACA Ambac FSA – Financial Security Assurance MBIA Financial Guarantee Insurance Financial Guarantors Bond Wraps Bill Ackman Eric Dinallo – 2007 01 – 2009 07 – New York State Superintendent of Insurance 1998 – SOA – Credit Enhancement of Guaranteed Investment Contracts and Funding Agreements, Society of Actuaries – 14p 2003 – Monoline Insurance & Financial Guaranty…

Bill Ackman Gotham Pershing Square Herbalife MBIA – Monolines Eric Dinallo, NYSID Carl Icahn 2013 – CNBC – Billionaire Brawl: Icahn vs. Ackman – [link-YouTube] Clash Of Titans: Carl Icahn Vs. Bill Ackman Five Years After Epic Showdown | CNBC – [link-YouTube] – Book – Two Billionaires, One Company, and an Epic Wall Street Battle,…

Q: Why was AIG Bailed Out? “One of the reasons we had to rescue AIG was the fact that it was going to bring down Europe,” Pennsylvania Rep. Paul Kanjorski told reporters after his subcommittee held a hearing on systemic risk. Later, in an interview with Reuters, Kanjorski said he was told that a large…

OLA – Orderly Liquidation Authority 2017 0417- Financial Choice Act – 2017 – A Republican Proposal to Reform the Financial Regulatory System – 147p 2018 0221 – DOTT – Report to The President of the United States – Orderly Liquidation Authority and Bankruptcy, Department of the Treasury – 57p Dodd-Frank Title II Dodd-Frank is thus a…

Q: What May Have Happened if AIG had Gone Bankrupt? Davis Polk’s lawyer, Mr. Huebner, testified that it would have been a “very hard landing” for AIG, like cascading champagne glasses where secured creditors are at the top with their glasses filled first, then spilling over to the glasses of other creditors, and finally to…