On the recordJanuary 9, 2024
AIG was famously referred to, if I remember correctly, by the Republican Federal Reserve Chair, Ben Bernanke, as a, 'healthy and well-run insurance company with a hedge fund grafted onto it.'
Source
congress.govAIG was famously referred to, if I remember correctly, by the Republican Federal Reserve Chair, Ben Bernanke, as a, 'healthy and well-run insurance company with a hedge fund grafted onto it.'
Foster discusses the risks posed by AIG and the importance of regulation.
Share & report
More from Martin Foster
I think the single-most useful thing that we in Congress could do is to establish a federally-recognized standard for presenting illegally-traceable identity.
This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.