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Friday, April 08, 2011

I don't get it.

I may sound like an obsolete recording machine when i say this, not to mention naive and ignorant, but could Lehman have survived had they bought CDS from AIG. Did they? [like what GS did] or did they not bet against the massive bulge of CDO? Because i mean the FEDs bailed AIG out and AIG 'bailed' GS and various other institutions out but was Lehman supposed to be one of them.

Please help me.

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