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11/26 |
2009/2/26-3/3 [Uncategorized] UID:52649 Activity:nil |
2/26 I'm still not completely clear on what AIG does, and is it bad for me when they are going to announce they lost 60 Billion ? \_ they went in huge into "credit default swaps", i.e., "I'll pay you if your MBS/CDO becomes worthless -- what are the odds of that?? Moneybags!" \_ They also insure the pension fund of the federal legislature. |