AIG\'s financial problems during the credit crisis were attributed to: Question

Question

AIG's financial problems during the credit crisis were attributed to:

Question 7 options:

its weak returns on its investments in junk bonds.

its potential losses from its life insurance policies.

fraud from avoiding taxes on its gains from credit default swaps.

its potential losses from credit default swaps.

its weak returns on its investments in junk bonds.

its potential losses from its life insurance policies.

fraud from avoiding taxes on its gains from credit default swaps.

its potential losses from credit default swaps.

Explanation / Answer

d) its potential losses from credit default swaps.

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