This case takes an indepth look at the events and causes resulting in the U.S. government bailout of American International Group. Source material comprises testimony before Congress, the public disclosures and various news articles of AIG. The case tell the history of AIG, its Financial goods department and credit default swaps.
The case subsequently emphasizes several external and internal factors cited by experts, control and the press as having a role in the failure of AIG. These factors include AIG's governance, settlement and risk management policies, as well as the functions played by the rating agencies, accounting standards (especially mark to market accounting) and regulation.
PUBLICATION DATE: March 12, 2009 PRODUCT #: A203-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
Related Case Solutions & Analyses:
Learning from Scandals: Responsibility of Professional Organizations
Morgan Components
Hydrochem Inc.
LIFO or FIFO That Is the Question
Space & Light Studios: Cost-Volume-Profit Analysis and the Business of Yoga
Three-Year Planning at Li & Fung Limited
Using Social Media to Report Financial Results
One South: Investing in Emerging Markets (A)
Understanding the Sarbanes-Oxley Act and Its Impact
SGX Bids for ASX
