Eric Dinallo - Legal Cases

  • Eric Dinallo
  • 2007 01 - 2009 07 - New York State Superintendent of Insurance
  • (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 to believe definitively that we were no longer part of the fix” (id. at 215:25-216:2).

Document 281-1 - Plaintiffs’ Corrected Proposed Findings of Fact - 99p

2011 - LC - Starr International Company vs United States - 11-0779 

  • Oppenheimer v AIG
    • Case 1:12-cv-00523-UA Document 1 Filed 01/20/12 - New york
    • lexmarc.us/Documents/OppenheimerAIGComplaint.pdf-222p
    • 21. On Thursday, September 11, 2008, AIG executives brought in bankers from JP Morgan and a Blackstone consulting group, who determined that AIG would need at least $40 billion.
      • However, on Sunday morning, September 14, AIG’s outside advisers discovered that the Company’s securities lending business needed a separate injection of as much as $20 billion.
      • As a result, an offer of a $20 billion lending facility that the New York State Insurance Superintendent, Eric Dinallo, had considered establishing for the benefit of AIG became moot since it was becoming clear the Company needed at least $60 billion of financing.
  • 20xx - LC - American International Group, Inc. ERISA Litigation II - 1:08-cv-05722
    • 2012 - Document 137 - Consolidated Second Amended Complaint - 230p
      • Eric Dinallo, New York Insurance Commissioner