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AIG in Hindsight

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NBER2015-04-01 更新2025-01-04 收录
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The near-failure on September 16, 2008, of American International Group (AIG) was an iconic moment in the financial crisis. Two large bets on real estate made with funding that was vulnerable to bank-run like behavior on the part of funders pushed AIG to the brink of bankruptcy. AIG used securities

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2015-04-01
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