Fox News: Soros: Credit Default Swaps Spurred AIG's Failure

[riky]

Soros: Credit Default Swaps Spurred AIG's Failure
     

In all of the American Insurance Group (AIG) upheaval, the greatest lesson has been ignored, according to prominent Wall Street financier George Soros, who attributes the failure of the insurance giant to what he labels toxic credit default swaps.<img src="You are not allowed to view links. Register or Login" height="1" width="1"/><img src="You are not allowed to view links. Register or Login" height="1" width="1"/>
     

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