The Big Picture. Naked capitalism. Dealbreaker: A Wall Street Tabloid – Business News Headlines and Financial Gossip. FATAL RISK: A Cautionary Tale of AIG’s Corporate Suicide. The latest book for your shelf of credit crisis reads is FATAL RISK: A Cautionary Tale of AIG’s Corporate Suicide by Roddy Boyd.
It tells the tale of how Goldman Sachs and AIG entered a pas a deux — an intertwined dance that became a ballet of death for one of them, and a source of great riches for the other. Most people’s understanding of the 2007-2009 subprime crisis includes only as passing knowledge of the AIG saga. Paul Kedrosky's Infectious Greed. FT Alphaville. Calculated Risk.