print email comment close Questions and Answers about AIG URL: http://blogs.wsj.com/wallstreetcrisis/2008/09/16/questions-and-answers-on-aig/ Description: 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. Publisher: Wall Street Journal Extra Keywords Dow Jones LII Database Information: Record 26923 created by Jennifer English on 09/16/2008 Last modification on 09/22/2008 Published: 09/24/2008   Funding agency: California State Library LII Item ID: http://lii.org/cs/lii/view/item/26923