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Fatal Risk: A Cautionary Tale of AIG's Corporate Suicide

3.91 • 297 ratings • 28 reviews
Overview
Long-listed for the FT & Goldman Sachs Business Book of the Year Award 2011The true story of how risk destroys, as told through the ongoing saga of AIG

From the collapse of Bear Stearns and Lehman Brothers, the subject of the financial crisis has been well covered. However, the story central to the crisis-that of AIG-has until now remained largely untold. "Fatal Risk: A Cautionary Tale of AIG's Corporate Suicide" tells the inside story of what really went on inside AIG that caused it to choke on risk and nearly brining down the entire economic system. The book
Reveals inside information available nowhere else, including the personal notes and records of key players such as the former Chairman of AIG, Hank GreenbergTakes readers behind the scenes at the U.S. Treasury and the Federal Reserve Bank of New YorkDetails how an understanding of risk built AIG, but a disdain for government regulators led to a run-in with New York State Attorney General Eliot Spitzer

"Fatal Risk" is the comprehensive and compelling true story of the company at the center of the financial storm and how it nearly caused the entire economic system to collapse.
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Book details & editions

ISBN 0470889802
Publisher
Publication date March 2011
Language English
Pages 442 pages
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About the Author
Roddy Boyd

Roddy Boyd

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Known for writing in a clear, engaging, and easy-to-follow style. The work feels natural and flows smoothly, making it enjoyable from beginning to end.

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