Derivatives Cloud the Possible Fallout From a Greek Default
By Louise Story
Published June 22 2011 NYT
It’s the $616 billion question: Does the euro crisis have a hidden A.I.G.?
No one seems to be sure, in large part because the world of derivatives is so murky. But the possibility that some company out there may have insured billions of dollars of European debt has added a new tension to the sovereign default debate.
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