Benmosche: I Didn't Think AIG's Problems Were That Bad

Benmosche: I Didn't Think AIG's Problems Were That Bad

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Business

University

Hard

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Bob Benmosche, former CEO of AIG, discusses his experiences and insights into the company's financials during the crisis. He highlights the role of key figures like Jim Millstein and Sarah Daugman in understanding AIG's situation. Benmosche contrasts public perception with the actual state of AIG, emphasizing that the crisis was not as severe as believed. He praises regulators for their efforts post-crisis but criticizes their communication with the public. Benmosche is confident that another AIG-like crisis is unlikely due to improved regulations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who did Bob Benmosche rely on for insights into AIG's financials?

Jamie Dimon

Jim Millstein and Sarah Daugman

Tim Geithner

Warren Buffett

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Bob Benmosche's perception of AIG's financial state compared to public opinion?

He had no opinion on the matter.

He agreed with the public's negative perception.

He thought it was better than the public believed.

He thought it was worse than the public believed.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Bob Benmosche believe about the possibility of another AIG-like crisis?

He thinks it will happen in the near future.

He believes it is likely to happen again.

He is unsure about the possibility.

He believes it will not happen again.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Bob Benmosche view the role of regulators since the 2008 crisis?

He is indifferent to their role.

He thinks they have not made any progress.

He believes they have done a good job but are too cautious in communicating progress.

He gives them a thumbs down for their efforts.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Bob Benmosche's criticism of officials in Washington regarding financial progress?

They are too optimistic about the future.

They are not confident enough in the progress made.

They are too transparent with the public.

They have not made any progress since 2008.