AIG lost money because
A. It bought tranches created from mortgages
B. It invested heavily in real estate
C. It invested heavily in the stock market
D. It insured AAA tranches of ABS CDOs
D
AIG insured the AAA tranches of ABS CDOs.
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a) Service Corps of Retired Executives (SCORE) b) Foreign Credit Insurance Association (FCIA) c) Ministry of International Trade and Industry (MITI) d) Department of Commerce (DOC)
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