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AIG: Before CDS, There Was Reinsurance (Part 2)

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By Chris Whalen - April 2nd, 2009, 3:18PM

By the way, further to the post this AM, check out some of the work by my friend Lucy Komisar.  She actually covered some of the ground in my post years ago, when doing so was very unpopular.  Lucy is a very gutsy lady who is not afraid to challenge seeming authority.  We need to all do more of that.

http://thekomisarscoop.com/2008/12/19/aigs-past-could-return-to-haunt/

http://thekomisarscoop.com/2005/03/17/the-fall-of-a-titan/

http://thekomisarscoop.com/2004/12/22/take-the-money-and-run-offshore/

http://thekomisarscoop.com/2004/11/17/cooking-the-insurance-books-a-decade-of-lax-regulation-lays-groundwork-for-scandal/

http://thekomisarscoop.com/2004/11/01/cooking-the-insurance-books/

Best,

Chris Whalen

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Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “AIG: Before CDS, There Was Reinsurance (Part 2)”

  1. emmanuel117 Says:
    April 4th, 2009 at 2:31 pm

    Good stuff, Chris.

    That stuff about captive insurance companies in Bermuda was frightening. 1800 companies! Many of them Fortune 500!

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