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Federal Financial Assistance: Preliminary Observations on Assistance Provided to AIG: Congressional Testimony
Orice M. Williams (au)
The Board of Governors of the Fed. Reserve System and the Dept. of the Treasury have made available over $182 billion in assistance to American International Group (AIG) to prevent its failure. However, questions have been raised about the goals of the assistance and how it is being monitored. Also, because AIG is generally known for its insurance operations, questions exist about the effect of the assistance on certain insurance markets. This statement provides preliminary findings on: (1) the goals and monitoring of fed. assistance to AIG and challenges to AIG’s repayment of the assistance; and (2) the potential effects of the fed. assistance on the U.S. commercial property/casualty insurance market. Illustrations.
Applique: The Ann Boyce Way
Secret World of the Spy: Stories of Espionage, Deception & Discovery
Not Fade Away: The On-Line World Remembers Jerry Garcia
Commonwealth of Science: ANZAAS & the Scientific Enterprise in Australia, 1888-1988
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