The Hidden Story Behind America’s Most Powerful Insurance Empire
The Lost Manor
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The Hidden Story Behind America’s Most Powerful Insurance Empire
176 просмотров · 8 дней назад
The Lost Manor
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176 просмотров · 8 дней назад
AIG began in 1919 inside a tiny two-room office in Shanghai, China, founded by 27-year-old Cornelius Vander Starr. From the Huangpu River, Starr built American Asiatic Underwriters into an international insurance network spanning Asia, America, and eventually much of the world.
But the empire's greatest strength became its greatest danger. By 2008, AIG was deeply connected to complex financial markets and faced a liquidity crisis that forced an $85 billion U.S. government intervention.
Today, AIG remains a reminder that the bigger an empire becomes, the harder its risks can be to see.
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This video is a non-commercial, educational history documentary created for commentary, criticism and research.
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