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By Arthur D. Postal, PropertyCasualty360.com |
May 17, 2010
Winning an exemption for insurers from having to help pay to wind down failed non-insurance firms posing a systemic risk to the economy was the key priority for insurers
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By Arthur D. Postal, PropertyCasualty360.com |
May 7, 2010
A bipartisan amendment to the financial services reform legislation in the U.S. Senate is aimed at exempting insurers from paying for the resolution of large non-insurance financial services companies.
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By Arthur D. Postal, PropertyCasualty360.com |
January 28, 2010
Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a congressional committee that if action was not taken to bail out American International Group it would have been a catastrophe for the nation.
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By Arthur D. Postal, PropertyCasualty360.com |
January 27, 2010
Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a skeptical congressional committee today that if U.S. action was not taken to bail out AIG, Group it would have been a catastrophe for the nation.