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31 gru 2022 · AIG was one of the beneficiaries of the 2008 bailout of institutions that were deemed "too big to fail." The insurance giant was among many that gambled on collateralized debt obligations and...
16 cze 2008 · May 8, 2008 – AIG announces its biggest-ever quarterly net loss of $7.8bn and says it will need to raise $12.5bn in new capital to strengthen its balance sheet. May 12, 2008 – Mr Greenberg...
3 sie 2015 · The collapse and near-failure of insurance giant American International Group (AIG) was a major moment in the recent financial crisis. AIG, a global company with about $1 trillion in assets prior to the crisis, lost $99.2 billion in 2008.
16 lis 2020 · How did a boring, ultra-safe insurance company become one of the largest bailouts in the 2008 financial crisis? AIG had become a major seller of credit default swaps in an attempt to boost its profit margin. These swaps insured the assets that supported corporate debt and mortgages.
7 kwi 2010 · Its collapse on September 16, 2008, caught nearly everyone by surprise. Indeed, the unraveling of the House of Hank was a quake of such magnitude that the Federal Reserve Board decided to bail...
19 wrz 2008 · We learned this week that AIG has nowhere near enough money to cover all of those. Their customers-those banks and hedge funds buying CDSs-started getting nervous. So did government regulators.
17 wrz 2008 · AIG came under attack last week as investors grew increasingly concerned about the company's capital levels. Over the weekend, it turned to the Federal Reserve for a loan, but officials had their...
