The Rise And Fall Of AIG's Financial Products Unit

How and when did AIG Financial Products get started? Who ran it, and from where? How did it get into credit default swaps, and what exactly are they, anyway? And how did this group of derivatives traders eventually wind up bringing down one of the most admired financial firms in the world? Full Story »

Posted by Derek Hawkins
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Posted by: Posted by Derek Hawkins - Mar 20, 2009 - 7:36 AM PDT
Content Type: Article
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Edited by: Fabrice Florin - Mar 20, 2009 - 10:24 AM PDT
Randy Morrow
4.1
by Randy Morrow - Mar. 21, 2009

A good overview of the subdivision of AIG (the Financial Products division) that bought down AIG (and so much more).

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Fabrice Florin
3.9
by Fabrice Florin - Mar. 20, 2009

A thorough overview of AIG's Financial Products Unit, whose credit default swap manipulations caused the collapse of AIG. The report includes an extensive history of this division and the people responsible for it, with ample factual evidence from multiple sources.

This type of factual reporting is much needed at a time when people's emotions tend to cloud their judgment about this controversial issue.

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Derek Hawkins
3.5
by Derek Hawkins - Mar. 20, 2009
See Full Review » (2 answers)
cherish democracy
5.0
by cherish democracy - Mar. 23, 2009

Yes, but we need to FIND the actual culprits from the Enron Fraud who left Enron and started up again at AIG. This would be the smoking gun connecting the Bush Family to this Bank Robbery.

Yes, but we need to FIND the actual culprits from the Enron Fraud who left Enron and started up again at AIG. This would be the smoking gun connecting the Bush Family to this Bank Robbery. www.america2inc.com

See Full Review » (7 answers)

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