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Reuters: AIG knew of potential problems in valuing swaps: report

Started by chris, October 13, 2008, 07:59:30 AM

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chris

AIG knew of potential problems in valuing swaps: report
      


NEW YORK (Reuters) - Top executives at American International Group Inc  knew of potential problems in valuing derivatives contracts, known as credit default swaps, long before questions about the risky transactions caused its stock to plummet, the Wall Street Journal said, citing documents released by congressional investigators.
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