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Trading > Calculated Risk

U.S. May Backstop AIG CDS

Calculated Risk... | Thu, 02/26/2009 - 5:32pm | AIG, AIG rescue plan, bank protection, CDS, government bailout |  Add a comment

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From Bloomberg: AIG Rescue May Include Credit-Default Swap Backstop American International Group Inc. may get a backstop from the U.S. to protect against further losses on credit-default swaps, according to a person familiar with the matter. The federal guarantees may be included in New York-ba
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