CSPAN2 Book TV March 3, 2013
Sound and as a result control competition. Peters book that talks about aig. He is absolutely right it was central to the narrative. People said derivatives caused a crisis but ignored the fact many problems had nothing to do with derivatives regulated insurance subsidiaries invested in Residential Mortgage backed securities and that pose a problem. The aig narrative did not talk about that because that was not convenient to regulate derivatives. The aig narrative also did not talk about the fact that agee was like the insolvent because that was not convenient. That government needed to distin...
Source: archive.org