No One Ever Could Have Predicted...
that major insurance and financial institutions would behave irresponsibly* with securities derivatives... oh wait-- Brooksley Born of the CFTC did, over ten years ago. So did Charles Bowsher of the GAO.
*i.e. scam the public. By the way, this is an excellent article going into detail about the fraudulent activity perpetrated by AIG prior to the financial collapse.
*i.e. scam the public. By the way, this is an excellent article going into detail about the fraudulent activity perpetrated by AIG prior to the financial collapse.
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