2008 Financial Crisis – Academics 2010 1021 FCIC Viral Acharya, New York University BN06092021 2010 0908 FCIC William (Bill) Black, University of Missouri 2parts Shiller Stieglitz Michael Greenberger Professor, University of Maryland School of Law; former Director, Division of Trading and Markets, Commodity Futures Trading Commission (1997-1999) FCIC – Hearing – testifying on June 30,…

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2008 Financial Crisis – Treasury Hank Paulson Secretary of the Treasury: 2006 – January 20, 2009\ chairman and CEO of Goldman Sachs Neel Kashkari 2010 1102 FCIC Neel Kashkari, Department of the Treasury interim Assistant Secretary of the Treasury for Financial Stability: October 2008 to May 2009, he oversaw the Troubled Asset Relief Program (TARP)…

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Eric Dinallo – 2008 Financial Crisis Dinallo – List (p60) – Response to Written Questions of the Senate Banking Committee from Eric Dinallo   “308 letter” “dinallo” “securities lending” Meetings 2008 0914 – GS-Starr-000000008 – 3p Subject: Board meeting conclude. We (TPG,KKR and GS)just met with company and advisors. Subsequently the insurance regulator. Explained we needed more…

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TARP – Troubled Asset Relief Program – Government Hearings 2008 1007 – GOV – AIG Bailout Oversight Hearing, Panel 1 2008 1014 – GOV – Role of Derivatives in Current Financial Crisis 2008 1118 – GOV (House) – Troubled Assets Relief Program Panel 1 – [VIDEO-CSPAN] Hank Paulson, Bernanke, Bair Panel 2 – [VIDEO-CSPAN] Edward…

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Paul Kanjorski Paul Kanjorski – (D-PA) 1985-2011 – US House Member Insurance Information Act Committee on Financial Services[ Subcommittee on Capital Markets, Insurance, and Government-Sponsored Enterprises (Chairman) (p19) – I think probably with systemic risk, after the fact, we seem to all know it when we see it, but before it arrives, we have no idea.…

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Run Run – Index Life insurers, whose liabilities are generally more liquid than their assets, are particularly vulnerable to runs by policyholders.  (page x) 1994 04 – CBO – The Economic Impact of a Solvency Crisis in the Insurance Industry, Congressional Budget Office – 80p A major problem that must be overcome with such monitoring…

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Government Hearings – 2008 Risk Management and Its Implications for Systemic Risk: Hearing Before the Subcommittee on Securities and Insurance and Investment of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Tenth Congress, Second Session, on Risk Management and Its Implications for Systemic Risk, Thursday, June 19, 2008 United States.…

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2008 Financial Crisis 2008 Financial Crisis – Index The Global Economic & Financial Crisis: A Timeline, by Mauro F. Guillén – 96p the92ers.com/content/confederacy-dunces Economic Stabilization Act of 2008 (P.L. 110-343): Allowed the Secretary of the Treasury to purchase and insure “troubled assets” to help promote the strength of the economy and financial system. The act established…

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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…

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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…

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