FCIC - Sandbox
- 2011 - GAO - GOVERNMENT ACCOUNTABILITY OFFICE, FINANCIAL CRISIS: REVIEW OF FEDERAL RESERVE SYSTEM ASSISTANCE TO AMERICAN INTERNATIONAL GROUP, INC. 15 (Sept. 2011) - [PDF-152p]
- Similarly, the NAIC contends that “AIG’s securities lending portfolio had not been included on the company’s balance sheet due to a liberal interpretation of the accounting requirements; therefore, there was no transparency with regard to how AIG had invested the
borrowers’ posted cash collateral.” NAIC REPORT, supra note 97 - CONGRESSIONAL OVERSIGHT PANEL, JUNE
OVERSIGHT REPORT: THE AIG RESCUE, ITS IMPACT ON MARKETS, AND THE GOVERNMENT’S EXIT STRATEGY 24
(2010) [hereinafter COP AIG REPORT] - [PDF-337p]- (although the report, of necessity, discussed the securities lending issues at the insurance subsidiaries, the executive summary focuses almost entirely on AIGFP and mentions the securities lending issues only once).
EXAMINING WHAT WENT WRONG, GOVERNMENT INTER
https://www.gpo.gov › fdsys › pkg › pdf
Oct 3, 2008 — AND THE IMPLICATIONS FOR FUTURE REGULATION. MARCH 5, 2009 ... what went wrong with American International Group, what lessons ... at AIG. We calculate that without the Federal intervention, the life insurance.