When questioned about AIG's history of writing default swaps for the Detroit car companies CEO Ed Liddy responded, "I don't know?"... Why is this question so important? This may be another back door bailout in the making. How did Obama get all the major banks to agree to give up their debt in Chrysler? Simple. Their money was guaranteed by AIG through a credit default swap, which our government bailed out 100%, which means the treasury paid back the banks for their "cooperation". Read.
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