The Financial Stability Oversight Council, which arose out of the 2008 crisis, has designated which non-bank firms are part of the Too Big To Fail set and will be subject to additional oversight. American International Group, fellow insurer Prudential Financial and General Electric's GE Capital have confirmed they are part of the set.
The Financial Stability Oversight Council, which arose out of the 2008 crisis, has designated which non-bank firms are part of the Too Big To Fail set and will be subject to additional oversight. American International Group, fellow insurer Prudential Financial and General Electric's GE Capital have confirmed they are part of the set.
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