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Sunday, March 22, 2009

 

AIG? Should we keep bailing them out?

AIG has $1.7 Trillion in exposure to the declining housing market. We've put $170,000,000,000 into AIG at this point. The problem, they've invested in so many derivatives that if we don't continue to prop them up, several more banks will fail as a result. Listen to our March 7 Podcast in the third segment for more on this issue:

http://housedog.com/wtma-radio-show-by-bryan-crabtree-c12907.html

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