Fatal Risk

Fatal Risk

By Roddy Boyd

  • Release Date : 2011-03-03
  • Genre : Finance
  • FIle Size : 1.32 MB
Score: 4.0
From 14 Ratings
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Fatal Risk Long-listed for the FT & Goldman Sachs Business Book of the Year Award 2011
The 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 Greenberg Takes readers behind the scenes at the U.S. Treasury and the Federal Reserve Bank of New York Details 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.


  • Fatal Risk

    By Ajaramo
    It starts a bit slow. The way it introduces the creation of the FP unit at AIG was bit confusing. I was expecting a similar level of research as in "Too Big to Fail", but it doesn't have it. However it does shed some good insight as how AIG was managed and why it destroyed itself along with a good part of the financial market and the US economy.