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Ralph N asked in Business & FinanceInsurance · 1 decade ago

why not let AIG fail?

2 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    If AIG is allowed to fail, the companies whose debts it insures may also fail, leading to a domino effect of large businesses collapsing and very probably to a worldwide depression instead of the present recession.

  • Anonymous
    1 decade ago

    ... And I would add that many foreign governments might suffer badly, thus causing a possible world war.

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