Monday, February 9, 2009

AIG Implodes: The Two Cows Version

The Two Cows Version
Still confused about how AIG lost its shirt by going into the securities lending business big time? We understand. It's terribly complex and full of words that make your eyes glaze over.

So we decided to break it down into the simplest terms Wall Street transactions can be explained: the two cows story.

LINK

Via: ClusterStock

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