AIG typed borrowing from the bank default exchanges on more $five hundred million inside possessions
Nevertheless was this new $78 mil inside the borrowing from the bank default swaps on the multi-industry collateralized debt obligations-a security supported by debt money off residential and you may industrial mortgages, house collateral finance, and more-you to definitely ended up extremely problematic. AIG’s trouble were exacerbated of the fact that these people were you […]
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