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Bernanke Bombshell: AIG Insurer Exposed to FP(ritholtz.com)Search
2009-03-24 " If we are to take Bernanke at face value, he is saying that AIGFP had buried their own firm with junk paper. BB does not define what “substantial derivative exposure” meant — but given the $2.7 trillion dollars in derivatives exposure that FP had, even a tiny percentage might amount to an enormous sum."
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