IDEAS home Printed from https://ideas.repec.org/a/ysm/ypfsfc/311717.html
   My bibliography  Save this article

Lessons Learned: Chester B. Feldberg

Author

Listed:

Abstract

Chester B. Feldberg worked for the Federal Reserve Bank of New York (FRBNY) for 36 years in a variety of roles. In the aftermath of the Global Financial Crisis, he served as a trustee for the AIG Credit Trust Facility (2009-2011). The trust was established in early 2009 to hold the equity stock of American International Group Inc. (AIG) that the U.S. government had received as a result of the 2008 AIG bailout. The three trustees were responsible for voting the stock, ensuring satisfactory corporate governance at AIG, and eventually disposing of the stock. When he was named as a trustee, Feldberg was retired. Immediately previous, he had been chairman of Barclays Americas (2000-2008). He had retired from the Federal Reserve System in 2000. At that time, he was executive vice president of the Bank Supervision Group. Earlier, he ran the FRBNY's discount window, and worked on teams involved with several financial system crises. This "Lesson Learned" is based on an interview with Mr. Feldberg.:

Suggested Citation

  • Haggerty, Maryann, 2021. "Lessons Learned: Chester B. Feldberg," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 3(1), pages 509-511, April.
    • Handle: RePEc:ysm:ypfsfc:311717
    as

    Download full text from publisher

    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1139&context=journal-of-financial-crises
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    AIG Credit Trust Facility; trustees; AIG common stock; Hank Greenberg; AIG bailout; corporate governance;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ysm:ypfsfc:311717. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/smyalus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.