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How did the largest insurance company in the world fall apart? Who’s to blame? Watch Poppy Harlow’s attempt to explain the decisions being made by managers, investors and governments.

Source: CNN – video report

Date: 3/16/2009

Keys: Finance, stock markets, banking, insurance, government

Link:  http://money.cnn.com/video/news/2009/03/16/news.031609.maloney.cnnmoney/

Questions for discussion:

  • Should governments let the stock market sort out the financial problems at AIG?
  • How concerned should the general public be about the decisions being made today to support AIG and other failing institutions?