Overview
Long-listed for the FT & Goldman Sachs Business Book of theYear Award 2011
The true story of how risk destroys, as told through theongoing saga of AIG
From the collapse of Bear Stearns and Lehman Brothers, thesubject of the financial crisis has been well covered. However, thestory central to the crisis-that of AIG-has until now remainedlargely untold. Fatal Risk: A Cautionary Tale of AIG's CorporateSuicide tells the inside story of what really went on insideAIG that caused it to choke on risk and nearly brining down theentire economic system. The book
- Reveals inside information available nowhere else, includingthe personal notes and records of key players such as the formerChairman of AIG, Hank Greenberg
- Takes readers behind the scenes at the U.S. Treasury and theFederal Reserve Bank of New York
- Details how an understanding of risk built AIG, but a disdainfor government regulators led to a run-in with New York StateAttorney General Eliot Spitzer
Fatal Risk is the comprehensive and compelling true storyof the company at the center of the financial storm and how itnearly caused the entire economic system to collapse.
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