After refusing to bail out Lehman Brothers, the government agreed to an $85 billion loan to insurance giant AIG, effectively taking over the company. Knowledge at Wharton talked to Wharton insurance professors Olivia Mitchell and Kent Smetters to find out how the world's largest insurer got into this situation and how it can be prevented from happening again.
Listen to the podcast.
After refusing to bail out Lehman Brothers, the government agreed to an $85 billion loan to insurance giant AIG, effectively taking over the company. Knowledge at Wharton talked to Wharton insurance professors Olivia Mitchell and Kent Smetters to find out how the world’s largest insurer got into this situation and how it can be prevented from happening again.
A transcript of the conversation will be posted shortly.
Jeremy Siegel examines Alan Greenspan’s legacy, the Federal Reserve’s evolving approach under new leadership, and the economic outlook for interest rates.
Wharton finance professor examines private credit market vulnerabilities, investor redemptions, liquidity risks, and the potential for broader financial instability.
A study co-authored by Wharton’s Sandra Schafhäutle examines why companies choose to hide their names in public shipping data.
