Orderly Wind Down Expected On AIG Credit Trades

17 Sep 2008

Market participants expect a slow unwind of American International Group’s giant credit derivatives portfolio after the insurer was flung a USD85 billion lifeline by the U.S. Federal Reserve.

--Irene Chapple & Kelly Paul

Market participants expect a slow unwind of American International Group’s giant credit derivatives portfolio after the insurer was flung a USD85 billion lifeline by the U.S. Federal Reserve.

Analysts and traders, still mulling the implications of the bailout, said credit derivative counterparties will likely ride ...

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