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PBS Explains Credit Default Swaps and AIG Bailout

submitted by NetRunner

1 decade 6 years 3 weeks ago

From YT: Insurer AIG is among the financial titans to hit troubled times in the recent Wall Street crisis. Paul Solman takes an in-depth look at the woes at AIG and explains how credit default swaps played a role its financial turbulence. You can ask Paul questions through the NewsHour's Business Desk at: http://www.pbs.org/newshour/businessdesk/