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Strategies & Market Trends : Waiting for the big Kahuna
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To: ggersh who wrote (90371)9/15/2009 1:51:14 PM
From: scotty-d  Read Replies (2) of 94695
 
I'd like to see how AIG lost billions, the actual figures and the nuts and bolts...I guess they acted as the house and wrote mortgage insurance....Wonder what their average loss on each policy was?...30k on a 1k policy? There's some brokerage protection, SPIC, but not enough to cover a melt.
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