Opinion: Sayonara Sifi
AIG has successfully removed the albatross from around its neck
imposed by the Obama administration in 2013, after the Financial
Stability Oversight Council (FSOC)voted to remove the global insurer from its "too big to
fail" category.
Releasing AIG from its systemically important financial
institution (Sifi) designation is undoubtedly a boon for the Brian
Duperreault-led carrier. But will it result in significant
change?
It's perhaps not surprising that the FSOC has opted to
remove the Sifi labe
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