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kolitchko kolitchko
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6 years ago
AIG almost went bankrupt in 2008 because
A) the value of the securities underlying its credit default swaps declined significantly.
B) it lacked the collateral required by buyers of its credit default swaps.
C) prices of securities underlying their credit default swaps were hard to determine since they were no longer actively traded.
D) all of the above.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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6 years ago
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kolitchko Author
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6 years ago
Helped a lot
megan.xo
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Yesterday
Good timing, thanks!
patod1
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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