American International Group (AIG) & the Federal Government's Assistance & Exposure
Book Details
Format
Hardback or Cased Book
ISBN-10
1621005801
ISBN-13
9781621005803
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
May 17th, 2012
Print length
128 Pages
Weight
326 grams
Dimensions
23.40 x 15.80 x 1.30 cms
Product Classification:
Insurance & actuarial studies
Ksh 25,550.00
Not available
Delivery Location
Delivery fee: Select location
Secure
Quality
Fast
In the fall of 2008, facing losses on various operations, AIG experienced a significant decline in its stock price and downgrades from the major credit rating agencies. These downgrades led to immediate demands for significant amounts of collateral. As financial demands on the company mounted, bankruptcy appeared a possibility. Many feared that AIG was "too big to fail" due to the potential for widespread disruption to financial markets resulting from such a failure. This book explores U.S. government assistance, exposure and recovery in relation to the "bail out" of AIG with a focus also on TARP.
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