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Jun 10, 2010 · After reviewing the federal government’s actions leading up to the AIG rescue, the Panel has identified several major concerns: The government failed to exhaust all options before com-mitting $85 billion in taxpayer funds. In previous rescue ef-forts, the federal government had placed a high priority on avoid-
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Jun 10, 2010 · PLACE: Washington, DC. SUBJECTS: Insurance. Subsidies. Financial services industry. Economic assistance. United States. American International Group, Inc. THEME: Financial Crisis of 2007-2009. RELATED ITEM: Congressional Oversight Panel Reports. CLASSIFICATION:
Full text of The AIG Rescue, Its Impact on Markets, and the Government's Exit Strategy : Congressional Oversight Panel June Oversight Report View original document The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Oct 28, 2010 · First published October 28, 2010. Book details & editions. About the author. Elizabeth Warren. 136 books852 followers. Elizabeth Warren (born 1949) is an American academic and politician, and the current senior U.S. Senator from Massachusetts and a Democrat.
Section One A Overview. 17. B AIG Before the Government Rescue. 18. AIGs Structure and Regulatory Scheme. 19. The Causes of AIGs Problems. 24. Other Problematic Aspects of AIGs Financial...
Sep 9, 2012 · The U.S. Treasury on Sunday said it would sell $18 billion in American International Group stock, reducing its stake in the insurer to just over 20 percent.
Congressional Oversight Panel report concedes that lack of regulatory oversight led to AIG failures requiring total government assistance of $182 billion. The report finds there were other options to a bailout, and that the government’s actions have a continuing “poisonous effect” on the marketplace.
