What Exactly Happened to AIG?

September 23rd, 2008

MoneyThe linked article explains, in layman’s terms, how the largest bankruptcy in history occurred. I figure we, the taxpayers of the United States, should know something about AIG since we now own the company. And for those who want a more general explanation of “What the #$@(&* happened to our economy, there’s this Freakonomics article.

Link: http://www.mentalfloss.com/…

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