The Real Story of AIG’s Failure and Why Dodd-Frank Didn’t Fix It
Event Speakers
The failure of American International Group Inc. was one of the main narratives from the financial crisis, prompting the push for greater financial market regulation and the adoption of Dodd-Frank. But what if the generally accepted account—that AIG’s supposedly unregulated derivatives activities sank the company—doesn’t actually tell the full story?
- Did AIG’s recklessness occur because it was unregulated?
- Were AIGFP’s derivatives activities completely outside the view of regulators?
- Did regulators fail to spot the risk in AIG’s securities lending program?
- Has Dodd-Frank made things better post-AIG?
- What reforms would have worked better?
For answers to these questions and more, please join the Mercatus Center at George Mason University and Senior Research Fellow Hester Peirce for a Regulation University program that addresses the traditional narrative and tells the story of AIG’s collapse from a different angle.
Space is limited. Please register online for this event.
This event is free and open to all congressional and federal agency staff. This event is not open to the general public. Food will be provided. Due to space constraints, please no interns. Questions? Please contact Caitlyn Van Orden, Event Associate, at cvanorden@mercatus.gmu.edu or (703) 993-4925.