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Academic

: Securities Law Prof Blog

SEC and DOJ Investigate AIG

By Securites Lawprof

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The Wall St. Journal reports that both the SEC and the Department of Justice are investigating whether AIG overstated the value of credit default swaps, which are contracts that insure against default of securities, including those backed by subprime mortgages....

Full post as published by Securities Law Prof Blog on June 06, 2008 (boomark / email).

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