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To: rich evans who wrote (296837)3/17/2009 6:09:27 PM
From: carranza21 Recommendation  Read Replies (2) | Respond to of 793964
 
AIG's CDSs to Barkleys, Societe, Deutsche were issued against real CDO investments so they would meet regulatory capital requirements which are not counted against AAA insured securities.

Very interesting information. Can you cite a source?

Barclays, Societe and Deutsche Bank are not US corporations.

Why should the US taxpayer bail them out of their 2% capital pickle?

AIG should have been marched down to Bankruptcy Court.