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CAI - General Chat, page-800

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    AIG was one of the few companies that had a significant net position by selling credit default swaps on mortgage-backed securities/CDOs. Most other companies sold and bought CDSs so weren't as exposed. Would imagine alot of counterparties to interest rate hedges would have managed their net position but no doubt there will be some that didn't!
    Last edited by Jonnyash: 19/03/23
 
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