Send a comment on this item to LII: Send a comment on this item to LII staff, who on weekdays will usually reply within 24 hours. Questions and Answers about AIG This brief Q&A centers on the 2008 crisis involving American International Group Inc. (AIG), "a global conglomerate that does business in 130 countries and jurisdictions. Its biggest business is insurance, including life, property and casualty, commercial, as well as retirement products." Explains reasons for the AIG crisis, including credit default swaps ("contracts that act like insurance by protecting investors against default in a range of assets"), mortgages, and investments. From the Wall Street Journal. http://blogs.wsj.com/wallstreetcrisis/2008/09/16/questions-and-answers-on-aig/ Asterisk * indicates required field. Your Name Your Email Address * We will not sell or provide your email address to anyone else. Comment * Enter the verification code as it is shown in the box below. This helps prevent automated submissions. *