The Federal Reserve came to the aid of insurance giant AIG, engineering an $85 billion rescue, staving off the bankruptcy and hoping to bring a measure of calm to a shellshocked global market.
联邦贮备委员了一份85亿美元的援项目,用于拯濒临破产的AIG国际集团,同时也希望稳全球股票市场.
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Joe Cassano, the short-tempered head of AIG's infamous financial-products division, worried about credit losses but apparently not about the possibility of multiple, massive collateral calls, which proved the firm's undoing.
AIG声名狼藉金融品部主管乔-卡萨诺(Joe Cassano)脾气暴躁,当时他确实对信用损失状况不太放,但却没有考虑过可能生巨量复合抵押品要求,而这却最终导致该公司崩溃。