In the world of finance, you always see a lot of flowery language.
AIG is no exception. This is what their financial products group liked to claim before the collapse:
“All of our structured investments adhere to a thorough and disciplined approach to security selection…”
Fail. The gimmicks can only work for so long.
Here is a page you will no longer find in the AIG website. It’s a piece of history now. Enjoy.
Click on Image for Full-sized




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