FCIC - Interview - MP3 - Snippets
- AIG - People - FCIC Interviews - mp3s
- Steve Benzinger - {Negative Basis - Cassano told us, we just didn't know what it meant}
- Joe Cassano - {AIGFP was 40 Billion, Where did the rest go?
- Gary Gorton - {I wasn't involved with Alan Frost, AIG SSCDS from 2002 on}
- Hank Greenberg - {2005 downgrade = 1.5 billion Collateral Call for AIGFP},
{AIGFP Should have stopped writing SSCDS in March 2005 when AIG was Downgraded}, {off the Record - AIG is a National Treasure},
- Mark Hutchings - AIG-Securities Lendings
- Held over a barrel, less than 102 - 73 (Barclays-?)
- Never told to wind-down
- Dixie - How did you know it was going to work that way?
- Could always lend more, Dixie- Then why didn't you?, we did up to time of Bailout
- Kevin McGinn - {Didn't know about Collateral Triggers, Ratings Downgrades or Valuation}
- Gene Parks - {Forster told me about Collateral calls because of Valuation, but I didn't know what it meant.}
- Richard Scott - AIG
- never was told to wind-down Securities Lending
- liked subprime better
- Technically in charge of AIG-Securities Lending since 2003 / 2004, wasn't really until 2007.
- Lloyd Blankfein - Goldman Sachs
- thought the problem was repos,
- thought AIGFP had the money, just being stubborn, at least in the fall of 2007
- Warren Buffet
- good ideas go bad
- Regulatory Relief - 2008, Depression Era
- 2010 0614 FCIC John H. Neel Foster, FASB
- Enron, Mark to Market, Fair Value, Goldman Sachs-Did well through 2008 Crisis
- Arthur Levitt
- Gullible Public - approx. 1:17:00
- Cooper Union
- Part 2 -Regulator Neglect
- no red flags
- goes off the record, something about a Bear Stearns guy
- Harvey Miller - Weil
- ~~ Greenspan - What would be bad about...
- ~~ There's no institutional knowledge
- ~~ Ben Bernanke - I don't know...
- David Viniar - Goldman Sachs
- money flowed through AIG Holding Compan to Insurance Companies- Easier, cleaner