Liddy: AIG to Raise Enough to Repay Government Loan

Edward Liddy, chief executive officer of American International Group Inc., talks about the $150 billion government rescue package for AIG, the company’s potential to repay this loan, and some of transaction’s terms.

click for video

00:00 Reasons to renegotiate AIG’s bailout package
01:15 “We could continue to suffer losses.”
01:55 Taxpayers impact; guarantee “a big word”
03:19 “Potential” for taxpayer full compensation
04:09 Revenue from asset sale; AIG’s strength
05:25 Terms of securities lending program
07:20 Fed’s role in CDOs; “numbers are reliable.”
08:36 Bloomberg News’s lawsuit for disclosure

Running time 09:59


Liddy Says AIG to Raise Enough to Repay Government Loan: Video
Allan Dodds Frank
Bloomberg, November 10, 2008 12:06 EST

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under