AIG is a widely diversified financial services company that, as of September 30, 2008, which is the reporting date closest to the date we first provided it assistance, reported consolidated total assets of more than $ trillion.
Thus, one could prevent a particular economy from adversely affecting the financial stability of the rest of the area. This requires a change in the Treaty, now being specifically envisaged by governments in the euro area, which I welcome. As for “the day after tomorrow”, one can consider a deeper institutional change, with a genuine European executive.