Regulators failed to realize the huge risk posed by the insurance giant’s credit default swaps and should have stepped in sooner, the Office of Thrift Supervision said.
Regulator Concedes Missteps in A.I.G. OversightCourtesy NYT > Business Thu, 03/05/2009 - 10:08
Regulators failed to realize the huge risk posed by the insurance giant’s credit default swaps and should have stepped in sooner, the Office of Thrift Supervision said. Related items15 big banks commit to derivatives targets
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