Fatal Risk: A Cautionary Tale of AIG's Corporate SuicideISBN: 978-0-470-88980-0
Hardcover
368 pages
April 2011
Other Available Formats: E-book
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Long-listed for the FT & Goldman Sachs Business Book of the
Year Award 2011
The true story of how risk destroys, as told through the ongoing saga of AIG
From the collapse of Bear Stearns and Lehman Brothers, the
subject of the financial crisis has been well covered. However, the
story central to the crisis-that of AIG-has until now remained
largely untold. Fatal Risk: A Cautionary Tale of AIG's Corporate
Suicide tells the inside story of what really went on inside
AIG that caused it to choke on risk and nearly brining down the
entire economic system. The book
- Reveals inside information available nowhere else, including the personal notes and records of key players such as the former Chairman of AIG, Hank Greenberg
- Takes readers behind the scenes at the U.S. Treasury and the Federal Reserve Bank of New York
- Details how an understanding of risk built AIG, but a disdain for government regulators led to a run-in with New York State Attorney General Eliot Spitzer
Fatal Risk is the comprehensive and compelling true story of the company at the center of the financial storm and how it nearly caused the entire economic system to collapse.