Do you think AIG should have been allowed to fail? Explain your opinion.© BrainMass Inc. brainmass.com October 17, 2018, 12:26 pm ad1c9bdddf
No, AIG should not have been allowed to bail out. AIG was paid valuable tax payers money. This should not have been paid. Further, AIG is a huge insurance company and insurance holders are protected by their insurance subs. Also the counter parties of AIG were already rescued by the government. Those persons who had deposited with AIG including money market funds are ...
This solution explained the need for AIG bailout in a structured manner. The answer includes the references used.
Benefits of the Bailout of AIG
If AIG had been allowed to fail, what type of financial institutions would have been adversely affected? That is, who benefited from the bailout of AIG?View Full Posting Details