Question
Estimate the daily stock betas for AIG in three periods 1) from 1/1/2006 to 9/16/2008 (the day AIG was bailed out), 2) from 9/17/2008 to
Estimate the daily stock betas for AIG in three periods 1) from 1/1/2006 to 9/16/2008 (the day AIG was bailed out), 2) from 9/17/2008 to 7/20/2017, and 3) the entire period from 1/1/2006 to 7/20/2017. Also estimate betas for 1) KIE (the S&P Insurance ETF you analyzed in case 1) and 2) an ETF for the financial institutions (e.g., VFH) in the three periods. Please make comments of your results Describe the performance of AIG after the bailout? What is its status quo? Has AIG paid back 182 billion dollar loans from the Fed and Treasury? If yes, when and how? Recently AIGs CEO Peter Hancock resigned from the CEO post of the company. Describe the story. Please relate your discussions to the recent Wall Journal Street Journal article: https://www.wsj.com/articles/the-most-important-player-in-the-aig-ceo-resignation-carl-icahn-1489483980
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