2008 Crisis
Alan Frost
Alan Frost – AIG AIGFP, Sales / Marketing 2010-05-11 FCIC staff audiotape of interview with Alan Frost, American International Group, Inc. (Part 1).mp3 2010-05-11 FCIC staff audiotape of interview with Alan Frost, American International Group, Inc. (Part 2).mp3 I didn’t realize that our threshold for rating on sub prime was single A (l thought it…
Read More2010 Conference on Financial Regulations Bill – CSPAN
2010 Conference on Financial Regulations Bill -CSPAN c-span.org/search/?searchtype=Videos&sort=Newest&seriesid[]=36 Wall Street Reform and Consumer Protection Act (July 21, 2010) JUNE 10, 2010 – Financial Industry Regulation Reform Legislation – Immediately following a conference committee meeting to resolve differences between House and Senate versions of financial reform legislation, Senator Dodd and Representative Frank spoke to… JUNE 10,…
Read MoreCDS – Credit Default Swaps
CDS – Credit Default Swaps AIG – CDS – Credit Default Swaps – AIGFP Known in the trade as credit default swaps, the derivative contracts serve essentially as insurance against default on corporate loans and bonds. 2001 0402 – InvestmentNews – Default swaps could imperil insurers: A new derivative that Wall Street investment houses are…
Read MoreStarr International Company
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…
Read MoreRingfencing
Ring Fence AIG – Ring Fencing Insurance Companies
Read MorePolitical Will
Political Will In other words, when you think about, if I just sat there and said, “You know what? I think this is an unlicensed monoline, governor. Let’s go and fix this,” they would have … It was the most profitable part of AIG. The stock was at 100 or whatever. It wasn’t until the…
Read MoreBankruptcy
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 -…
Read MoreStays
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…
Read MoreMonolines
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…
Read MoreBill Ackman
Bill Ackman Gotham Pershing Square Herbalife 2015-? – Bill Ackman – [Herbalife] – Who Wants to be a Millionaire – 334p 2016 – VIDEO – Betting on Zero – [Herbalife] — [BonkNote] — [VIDEO-YouTube-01:44:16] Carl Icahn 2013 – CNBC – Billionaire Brawl: Icahn vs. Ackman – [link-YouTube] Clash Of Titans: Carl Icahn Vs. Bill Ackman Five Years After Epic…
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