Will AIG Force The US To Bail Out Greece?

greece strike

AIG is the newest name to be linked with Greece as the bailed out insurer has emerged as a source of CDS on the troubled state.

Two reports this weekend, both based on a German newspaper article, cited the U.S. government owned firm as a key supplier of CDS on Greek debt.

This could pull the U.S. into the Greek bailout as a means of protecting these firm’s assets.

(via Edward Harrison at Credit Writedowns)

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