with Oli | Strategies


Posts Tagged ‘systemic risk’

AIG faces a “new risk” …

Dienstag, März 3rd, 2009

N.Y. Times says, that the real systemic risk in the case of a failure of AIG is:
In the United States, A.I.G. has more than 375 million policies with a face value of $19 trillion.
If policyholders lost faith in A.I.G. and rushed to cash in their policies all at once, the entire insurance industry could falter.
AUTSCH!!!
Even […]