Doug Slape
- (James) Doug Slape
- Chief Deputy Commissioner of the Texas Department of Insurance
- 2021 1214 - Slape receives the NAIC Robert Dineen Award for outstanding service - [link]
- 2008 0627 - Bloomberg - AIG to Absorb $5 Billion Loss on Securities Lending: Insurance Units Wrote Down $13B Tied To Mortgages, by Miles Weiss - [link-BonkNote]
- 2008 1010 - WSJ - AIG Increases Borrowings While Racing to Sell Assets, by Liam Pleven, Carrick Mollenkamp and Craig Karmin - [link-Free]
- The Texas regulator grew concerned about the exposure in 2007.
- At the time, AIG told Texas it recognized that it needed to retain more cash, Mr. Slape said.
2008 1010 - WSJ - AIG Increases Borrowings While Racing to Sell Assets, by Liam Pleven, Carrick Mollenkamp and Craig Karmin - [link-Free]
- Securities Lending, Doug Slape
- 2009 0305 - GOV (House) - Perspectives on Systemic Risk, Paul Kanjorski (D-PA) --- [BonkNote]
- 2008 1009 - WSJ - Further Loan To AIG Shows Fed Miscalculated Risks, By Liam Pleven, Carrick Mollenkamp and Craig Karmin - [link] - <WishList?>
- AIG's securities-lender clients flooded the program for their collateral, creating a "mini-run" on the bank, says Doug Slape, chief financial analyst of the Texas Department of Insurance.
- The company began drawing down on the Fed loan commitment to cover the collateral requests, it told Mr. Slape in recent conversations, he said.
- By Oct. 3, Moody's Investors Service said AIG's default-insurance and securities-lending program had experienced "substantial losses and write-downs" due to mortgage securities.
- The Texas regulator grew concerned about the exposure in 2007.
- At the time, AIG told Texas it recognized that it needed to retain more cash, Mr. Slape said.
- 20xx - LC - American International Group, Inc. ERISA Litigation II - 1:08-cv-05722
- 2012 - Document 137 - Consolidated Second Amended Complaint - 230p
- Doug Slape, chief financial analyst of the Texas Department of Insurance
- 2012 - Document 137 - Consolidated Second Amended Complaint - 230p
- “We were aware of this portfolio but we didn’t have transparency on what was in it because it was off-balance sheet” in the company’s statutory accounting reports, said Doug Slape, chief analyst at the Texas Department of Insurance, which oversees three AIG insurers that have suffered about 60% of the write downs.
2008 0627 - Bloomberg News - AIG to Absorb $5 Billion Loss on Securities Lending, by Miles Weiss
2008 0627 - Reuters - AIG To Lose Up To $5 Billion From Investments: Report - [link]
2013 - AP - Repercussions: The Impact of the AIG Bailout on it’s Insurance Subsidiaries, Shauna Ferris, Presented to the Actuaries Institute Actuaries Summit - 34p
