Unfamiliar Fed Saw ‘Exceptional’ Risks in AIG Situation, Says Geithner October 9, 2014 By Andrew Zajac and Christie Smythe American International Group Inc.’s unique set of risks was seen by one of the primary orchestrators of its rescue as...
Ex-Treasurer Paulson Defends AIG’s Harsh Loan Terms October 6, 2014 By Andrew Zajac and Christie Smythe American International Group Inc. received harsher terms than other financial institutions in the 2008 financial crisis because regulators needed to...
Former FDIC Chair Bair Reveals Financial Bailout Details in Book September 26, 2012 By Alexandra Alper When Sheila Bair showed up for a meeting in then-Treasury Secretary Hank Paulson’s office in October 2008, the bank regulator...