Geithner Recounts AIG 'Take It or Leave It Moment

Geithner Recounts AIG 'Take It or Leave It Moment

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript covers David Boies questioning Tim Geithner about the AIG bailout during a testimony. Geithner defends the bailout, citing global panic prevention, but struggles with specific details. The discussion includes Hank Greenberg's role and Geithner's involvement in setting bailout terms. Geithner is not a reluctant but not fully cooperative witness. The transcript concludes with an announcement of upcoming guests, including Ben Bernanke.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was David Boies trying to achieve by questioning Tim Geithner multiple times?

To make Geithner nervous

To delay the proceedings

To extract more details about the AIG bailout

To confuse Geithner

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Geithner's stance on the AIG bailout during his testimony?

He defended the bailout as necessary to prevent global panic

He was indifferent about the bailout

He opposed the bailout

He had no opinion on the bailout

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Geithner describe his feelings towards Hank Greenberg?

He was indifferent towards him

He had a simple regard for him

He had a complicated regard for him

He disliked him

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did Geithner play in the AIG bailout negotiations?

He was the sole decision-maker

He was a minor player

He had no involvement

He was one of the key players setting terms and conditions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main criticisms David Boies had about the government's handling of the AIG bailout?

The government was too lenient with AIG

The government did not allow shareholders to vote on the deal

The government acted too slowly

The government provided too much financial support