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.

Modest Proposals for Financial Reform: Abolish Mortgage-Backed Securities - The Atlantic


Modest Proposals for Financial Reform: Abolish Mortgage-Backed Securities
The Atlantic
It is worth excerpting the following from Roddy Boyd's definitive Fatal Risk, referring to Joe Cassano's predecessor as head of AIG FP: [A]nything mortgage related left [Tom Savage] cold. He took a literal view of the issue: any security backed by a ...

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Lack Of Sleep Poses Risks For Workplace And Health - RedOrbit


RedOrbit

Lack Of Sleep Poses Risks For Workplace And Health
RedOrbit
The CDC says these sleep deprived workers are posing a real and potentially fatal risk to themselves and their coworkers by not getting a good seven to nine hours of sleep, the recommended amount by the National Sleep Foundation. According to the CDC, ...
41 Million American workers are sleepy Gant Daily

all 116 news articles »

Be CO aware to ensure peace of mind on your camping holiday - SourceWire (press release)


Be CO aware to ensure peace of mind on your camping holiday
SourceWire (press release)
But the workplace can also pose a hazard and the spate of camping incidents in recent years shows the potentially fatal risk of CO poisoning from taking barbecues into tents. Nick Rutter, managing director of Sprue Safety Products, the UK's leading ...

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41 million American workers don't get enough sleep, CDC says - CBS News


CBS News

41 million American workers don't get enough sleep, CDC says
CBS News
... PICTURES: Sleepy states: 15 most fatigued And by not getting the National Sleep Foundation's recommended seven to nine hours of shut-eye per night, the CDC says these workers pose a serious and potentially fatal risk to themselves and coworkers.

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Durham Bulls split doubleheader with Norfolk Tides: Risk and Reward - The Independent Weekly (blog)


The Independent Weekly (blog)

Durham Bulls split doubleheader with Norfolk Tides: Risk and Reward
The Independent Weekly (blog)
On the play, Mahoney took the game's final, and fatal, risk: he tried to go from first to third on Robinson's hit. Making the first (or third) out of an inning at third base is one of baseball's cardinal taboos—one of many no-no's that help eliminate ...

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'Game of Thrones' Recap: Men Without Honor - WTAQ


'Game of Thrones' Recap: Men Without Honor
WTAQ
Arya was becoming a bit too brave with Tywin: First she almost took the sure-to-be-fatal risk of snatching his knife, then she came about yay close to giving away her noble birth. In all of their scenes it feels like Arya is testing Tywin's waters to ...

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Cuba Mall fire-bomber 'self-righteous' - Stuff.co.nz


Stuff.co.nz

Cuba Mall fire-bomber 'self-righteous'
Stuff.co.nz
Wellington District Court judge Susan Thomas ordered him to do eight months home detention and 160 hours community work, saying there had been a significant and potentially fatal risk to the public. She said a psychiatric report showed he likely ...
Cuba Mall car arsonist avoids jail New Zealand Herald
Cuba St car arsonist avoids jail 3News NZ

all 7 news articles »

How Likely Are Job Losses At Your Firm ? See The 'At Risk List' - Here Is The City


Here Is The City

How Likely Are Job Losses At Your Firm ? See The 'At Risk List'
Here Is The City
... that no major layoffs are planned, many feel that the investment bank headcount remains bloated. Deutsche Bank - rumors persist that largescale headcount reductions could be on the horizon, but nothing has been publicly announced. Fatal Risk Cover.