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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: coug who wrote (191477)3/18/2009 1:12:03 PM
From: bentwayRead Replies (1) of 306849
 
"Also, they should ask the "regulators" to go arrest the top 100-200 execs at AIG for selling BS illegal "insurance".."

I don't understand why this isn't being pursued. Why isn't it fraud to sell "insurance" with the foreknowledge that you CAN'T pay off the "policy"?
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