Geithner: AIG Failure Might Have Caused 'Mass Panic'

Geithner: AIG Failure Might Have Caused 'Mass Panic'

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Business, Social Studies

University

Hard

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Tim Geithner testified about the financial crisis, recalling key moments and decisions made during his time as New York Fed president. The testimony, led by attorney David Boies, explored the government's actions with AIG, questioning if they were excessively harsh. Geithner, a critical figure in the negotiations, answered questions directly, maintaining a cordial tone. The trial also referenced Geithner's book, with Boies challenging his beliefs. Hank Greenberg, represented by his legal team, was not present.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were Tim Geithner's feelings about reliving moments from the financial crisis during his testimony?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the nature of the questioning by attorney David Boies during Geithner's testimony?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the argument made on behalf of Hank Greenberg regarding the government's actions?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Geithner respond to questions about his role in negotiating the agreement with AIG?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What humorous exchange occurred between David Boies and Tim Geithner during the testimony?

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