Download or read book Troubled Asset Relief Program Status of Government Assistance Provided to AIG written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2011-04 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 7th report on TARP focuses on the initial assistance the gov¿t. provided to Amer. International Group, Inc. (AIG) ¿ an org. with over 200 co. operating in over 130 countries and jurisdictions and $830 billion in assets ¿ in Sept. 2008 and the restructuring of that assistance in Nov. 2008 and March 2009. The unfolding crisis threatened the stability of the U.S. banking system and the solvency of a number of financial institutions, including AIG. This report describes: (1) the basis for the fed. assistance; (2) the nature and type of assistance and steps intended to protect the government¿s interest; and (3) selected indicators of the status of fed. assistance and AIG¿s financial condition. Charts and tables. This is a print on demand edition of an important report.
Download or read book Troubled Asset Relief Program written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-15 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Troubled Asset Relief Program : status of government assistance provided to AIG : report to congressional committees
Download or read book Troubled Asset Relief Program written by U.s. Government Accountability Office and published by . This book was released on 2017-08-16 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Assistance provided by theDepartment of the Treasury(Treasury) under the TroubledAsset Relief Program (TARP) andthe Board of Governors of theFederal Reserve System (FederalReserve) to American InternationalGroup, Inc. (AIG)-a holdingcompany that, through itssubsidiaries, is engaged in a broadrange of insurance and insurancerelatedactivities in the UnitedStates and abroad-represents oneof the federal government's largestinvestments in a private sectorinstitution since the financial crisisbegan in 2008. Treasury and theFederal Reserve providedassistance to AIG in September2008 that was restructured inNovember 2008 and March 2009. Aspart of GAO's statutorily mandatedoversight of TARP, this reportupdates the risk and repaymentindicators GAO originally reportedin September 2009 (GAO-09-975).Specifically in this report, GAOdiscusses (1) trends in AIG'sfinancial condition, (2) trends inthe unwinding of AIG FinancialProducts (AIGFP), (3) the financialcondition of AIG's insurancecompanies, and (4) the status ofAIG's repayment of its federalassistance. To update theindicators, GAO primarily useddata as of December 31, 2009, andmore current publicly availableinformation; reviewed ratingagencies' reports; identified criticalactivities; and discussed them"
Download or read book Troubled Asset Relief Program written by United States Government Account Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-05 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Troubled Asset Relief Program: Update of Government Assistance Provided to AIG
Download or read book Troubled Asset Relief Program written by United States. Government Accountability Office and published by . This book was released on 2009 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Troubled Asset Relief Program The Government s Exposure to AIG Following the Company s Recapitalization written by Thomas J. McCool and published by DIANE Publishing. This book was released on 2011 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assistance provided by the Dept. of the Treasury under the Troubled Asset Relief Program (TARP), and the Federal Reserve to Amer. International Group, Inc. (AIG) represented one of the federal government's largest investments in a private sector institution. AIG is a holding co. that engages in a broad range of insurance and insurance-related activities in the U.S. and abroad. This report updates a set of indicators last reported in Jan. 2011. Specifically, it discusses: (1) trends in the financial condition of AIG and its insurance companies; (2) the status of the government's exposure to AIG; and (3) trends in the unwinding of AIG Financial Products. Charts and tables. This is a print on demand edition of an important, hard-to-find publication.
Download or read book Troubled Asset Relief Program TARP written by Orice Williams Brown and published by DIANE Publishing. This book was released on 2011-05 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assistance provided by the Dept. of the Treasury under TARP, and the Board of Governors of the Federal Reserve System to Amer. International Group, Inc. (AIG) represents one of the federal government's largest investments in a private-sector institution since the financial crisis began in 2008. AIG is a holding company that, through its subsidiaries, engaged in a broad range of insurance and insurance related activities in the U.S. and abroad. This report discusses: (1) trends in AIG's financial condition; (2) trends in the unwinding of AIG Financial Products and the financial condition of AIG's insurance companies; and (3) the status of the government's exposure to AIG. Charts and tables. This is a print on demand report.
Download or read book Troubled Asset Relief Program written by United States. Government Accountability Office and published by . This book was released on 2010 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Troubled Asset Relief Program Status of Programs and Implementation of GAO Recommendations Testimony Before the Committee on Banking Housing and Urban Affairs U S Senate written by and published by DIANE Publishing. This book was released on with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Troubled Asset Relief Program written by Us Government Accountability Office and published by CreateSpace. This book was released on 2013-08-12 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: To help Congress monitor the condition of AIG and the government's ability to recoup its assistance to AIG, we have developed indicators to monitor the status of the government's exposure to AIG and trends in AIG's financial condition. Because government assistance to AIG is a coordinated approach, in addition to providing timely reporting of Treasury's assistance to AIG, we are also monitoring the efforts of the Federal Reserve.
Download or read book Troubled Asset Relief Program TARP written by Timothy G. Massad and published by DIANE Publishing. This book was released on 2011-04 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: October 3, 2010 marked the second anniversary of the creation of TARP and the end of the authority to make new financial commitments. The government now has recovered most of the investments it made in the banks. Taxpayers will likely earn a profit on the investments the government made in banks and AIG, with TARP losses limited to investments in the auto industry and housing programs. Contents of this report: TARP Overview; Stabilization of the Financial Markets; TARP Program Descriptions; Retrospective on the TARP Housing Initiatives; Executive Compensation; U.S. Government as a Shareholder; Accountability and Transparency. Charts and tables. This is a print on demand edition of an important, hard-to-find report.
Download or read book Troubled Asset Relief Program TARP written by Orice Williams Brown and published by DIANE Publishing. This book was released on 2010-10 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis resulted in a wide-ranging fed. response that included infusing capital into several major corp. TARP has been the primary vehicle for most of these actions. The gov¿t. is a shareholder in AIG, Citigroup, Chrysler, and GM, among others. As market conditions have become less volatile, the gov¿t. has been considering how best to manage these investments and ultimately divest them. This testimony discusses: (1) the gov¿t¿s. approach to past crisis and challenges unique to the current crisis; (2) the principles guiding the Treasury¿s implementation of its authorities and mechanisms for managing its investments; and (3) preliminary views on the fed. government¿s monitoring and management of its investments.
Download or read book Troubled Asset Relief Program Status of Programs and Implementation of GAO Recommendations written by Orice Williams Brown and published by DIANE Publishing. This book was released on 2011-04 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Troubled Asset Relief Program (TARP) was implemented, GAO has issued more than 40 reports containing more than 60 recommendations to the Treasury Dept. (Treasury). This report assesses the status of Treasury's implementation of these recommendations and current condition of TARP. Specifically, this report provides info. on; (1) the condition and status of active TARP programs; (2) Treasury's progress in implementing an effective management structure, including staffing for the Office of Financial Stability (OFS), overseeing contractors, and establishing a comprehensive system of internal control; and (3) trends in the status of key relevant economic indicators. Illus. A print on demand report.
Download or read book Troubled Asset Relief Program TARP written by Lawrance L. Evans, Jr. and published by . This book was released on 2012-03-01 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assistance provided by the Treasury Dept. under TARP and by the Federal Reserve to the AIG represented one of the fed. government's largest investments in a private-sector institution. AIG is a holding co. that engages in a broad range of insur. and insur.-related activities in the U.S. and abroad. This report discusses: (1) the status of the government's exposure to AIG; and (2) trends in the financial condition of AIG and its insur. co. To update the indicators, the auditor used available public filings as of Dec. 31, 2011, and other publicly available info. as of March 31, 2012; reviewed rating agencies' reports; and identified critical activities and discussed them with relevant agency officials. Charts and tables. This is a print on demand report.
Download or read book Troubled Asset Relief Program Status of Efforts to Address Transparency and Accountability Issues written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2010 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the Troubled Asset Relief Program (TARP), under which the Dept. of the Treasury has the authority to purchase and insure up to $700 billion in troubled assets held by financial institutions through its Office of Financial Stability. Treasury was granted this authority in response to the financial crisis that has threatened the stability of the U.S. banking system and the solvency of numerous financial institutions. This testimony is based primarily on a March 31, 2009 report -- the third under the act's mandate, which covers the actions taken as part of TARP through March 27, 2009, and follows up on the recommendations made in previous reports. Charts and tables.
Download or read book Troubled Asset Relief Program written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-05 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Troubled Asset Relief Program: Third Quarter 2010 Update of Government Assistance Provided to AIG and Description of Recent Execution of Recapitalization Plan
Download or read book Report on the Troubled Asset Relief Program TARP written by Avi Lerner and published by DIANE Publishing. This book was released on 2010-08 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: In October 2008, the Emergency Economic Stabilization Act of 2008 established the Troubled Asset Relief Program (TARP), which authorizes the Department of the Treasury to purchase or insure troubled assets as a way to promote stability in financial markets. Section 202 of that legislation requires a report on those transactions This is the third statutory report on TARP¿s transactions. Charts and tables.
