PhillyDeals: AIG figure says not knowing would have helped
PhillyDeals: AIG figure says not knowing would have helped
How much do we really want to know about big financial companies in trouble?Congress wants the Federal Reserve to tell more about its secret rescue operations, including the 2008 deals that turned into costly bailouts. Big investors have long pushed banks and investment firms to “mark to market” their loans and other assets, so you can tell what they’re really worth – today.
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