Lessons Learned: Alejandro Latorre

Maryann Haggerty ()
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Maryann Haggerty: YPFS, Yale School of Management, https://elischolar.library.yale.edu/journal-of-financial-crises/

Journal of Financial Crises, 2021, vol. 3, issue 1, 514-517

Abstract: At the time of the 2007-09 global financial crisis, Alejandro Latorre was an assistant vice president at the Federal Reserve Bank of New York (FRBNY). He was active in the bailout of American International Group (AIG) from its inception to the end, when AIG repaid its outstanding obligations to both the Federal Reserve and the U.S. Treasury. This Lessons Learned summary is based on a Feb. 26, 2020, interview. He emphasized that the views discussed here are his own, not the views of anyone else currently or previously within the Federal Reserve System or the views of his current employer.

Keywords: AIG Rescue; Maiden Lane III; AIG Financial Products; Federal Reserve loan facility; market discipline; credit default swap (CDS); collateralized debt obligations (CDOS); macroprudential risk management (search for similar items in EconPapers)
JEL-codes: G01 G28 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ysm:ypfsfc:311919

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