AIG penned borrowing default exchanges into the more than $500 million in the property

AIG penned borrowing default exchanges into the more than $500 million in the property But it try brand new $78 million into the credit default exchanges into multi-business collateralized debt obligations-a security backed by loans costs out-of home-based and you can commercial mortgage loans, domestic guarantee loans, and much more-one turned-out extremely troublesome. AIG’s troubles was in fact exacerbated from …