Archive for March 2022
Q: Who Watches the Insurance Regulators?
Q: Who Watches the Insurance Regulators? 2011 0914 – GOV (Senate-Banking/SII) – Emerging Issues in Insurance Regulation, Senator Jack Reed (D-RI) — [BonkNote] (p23) – Daniel Schwarcz (Professor of Law): And I just want to emphasize the way to watch the regulators is to have transparent information so that the public can see what they are…
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Vaughan Emmett J. Vaughan Terri Vaughan
Read MoreFrankel
Frankel Martin Frankel Tamar Frankel
Read MoreQ: Would the State Insurance Regulators Have Seized the Insurance Companies if AIG had Filed for Bankruptcy?
Q: Would the State Insurance Regulators Have Seized the Insurance Companies if AIG had Filed for Bankruptcy? (p9) – Mr. Bensinger added that the New York Department of Insurance stated that it would seize the New York insurance companies if AIG went into bankruptcy. Mr. Herzog agreed and stated that, based on his discussions, other…
Read MoreRingfencing
Ring Fence AIG – Ring Fencing Insurance Companies
Read MoreDots – Stone Soup
Dots – Stone Soup Create Transcripts FCIC, Legal Cases, NAIC Fix Audio / Video FCIC Alan Frost – mp3 Legal Case Johnston x2 v Conseco – mp3 Listen – Find Dots FCIC – mp3s Read Make Binders NAIC – 1990s – Life Insurance Disclosure Working Group How Much Was Gary Gorton Involved With The AIGFP…
Read MoreDots – Often Wrong
Dots – Often Wrong Securities Lending: As of September 28, 2007, the on-loan balance totaled $91.6 billion, up from $72.5 billion as of August 31, 2006. 2007 1023 -American International Group, Inc. Credit Risk Committee Minutes – (3. Report of the October 2, 2007 CRC Portfolio Review of AIG Global Securities Lending)- 6p
Read MoreSecurities Lending – Documents
Securities Lending – Documents Government 2015 – OFR – Reference Guide to U.S. Repo Securities and Securities Lending Markets- 70p Academic Papers 2010 – AP – The Role of Repurchase Agreements and Securities Lending in Distressed Financial Institutions, Irvin Chan – 52p 2011 – AP – AIG: Misconceptions, Precipitating Factors in Government Bailout, and Implications for the Financial…
Read MoreAIG – Connections
AIG – Connections <50B – Sec Lending Write Down fcic-static///2010-0630-AIG-Risk-Management.pdf Other than temporary impairment losses on AIG securities were approximately $55 billion in 2007 and 2008. (p4) FCIC Interview – Mark Hutchings / Dixie Noonan
Read MoreAIG – Securities Lending – Run
AIG – Securities Lending – Run 3.7 AIG’s securities lending operations faced the same “run on the bank” pressures as many other financial firms. (a) Bernanke: On “September 16, AIG, the largest multidimensional insurance company in the world, which had been selling credit insurance, came under enormous attack from people demanding cash either through margin…
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