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Litigation

: Point of Law

Letting AIG fail

By Walter Olson

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Making counterparties on the company's derivative deals take a haircut (as would happen in a failure) would not have to mean leaving policyholders without insurance (the conventional insurance divisions are solvent and under no obligation to the derivative counterparties). Lucien...

Full post as published by Point of Law on March 20, 2009 (boomark / email).

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