Troubled Asset Relief Program: Status of Government Assistance Provided to AIG

Troubled Asset Relief Program: Status of Government Assistance Provided to AIG
Author :
Publisher : DIANE Publishing
Total Pages : 101
Release :
ISBN-13 : 9781437922585
ISBN-10 : 1437922589
Rating : 4/5 (89 Downloads)

Book Synopsis Troubled Asset Relief Program: Status of Government Assistance Provided to AIG by : Gene L. Dodaro

Download or read book Troubled Asset Relief Program: Status of Government Assistance Provided to AIG written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2011-04 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 7th report on TARP focuses on the initial assistance the gov¿t. provided to Amer. International Group, Inc. (AIG) ¿ an org. with over 200 co. operating in over 130 countries and jurisdictions and $830 billion in assets ¿ in Sept. 2008 and the restructuring of that assistance in Nov. 2008 and March 2009. The unfolding crisis threatened the stability of the U.S. banking system and the solvency of a number of financial institutions, including AIG. This report describes: (1) the basis for the fed. assistance; (2) the nature and type of assistance and steps intended to protect the government¿s interest; and (3) selected indicators of the status of fed. assistance and AIG¿s financial condition. Charts and tables. This is a print on demand edition of an important report.


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