# Rumors: AIG will report largest quarterly loss in US corporate history **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [February 24, 2009, 11:00pm UTC](https://boards.straightdope.com/t/rumors-aig-will-report-largest-quarterly-loss-in-us-corporate-history/487289 "2009-02-24T23:00:12Z")\ **Posts on this page:** 2\ **Page:** 2
**Author:** ![China\_Guy](https://avatars.discourse-cdn.com/v4/letter/c/779978/32.png) [@China\_Guy](https://boards.straightdope.com/u/China_Guy)\ **Post date:** [February 26, 2009, 12:32pm UTC](https://boards.straightdope.com/t/rumors-aig-will-report-largest-quarterly-loss-in-us-corporate-history/487289/21 "2009-02-26T12:32:09Z")
What you don’t see is that AIG Financial Products basically wrote " insurance" on the majority of the toxic radioactive sub-prime debt out there. All that crap that Moody’s and S&P gave an investment grade A rating to did so because there was a guarantee from AIG Financial Products. AIG insurance itself did not have a huge exposure to sub-prime. AIG is a strong brand name and has a lot of good assets. 200 people in AIG FP are responsible for this mess. ---
**Author:** ![PunditLisa](https://avatars.discourse-cdn.com/v4/letter/p/4af34b/32.png) [@PunditLisa](https://boards.straightdope.com/u/PunditLisa)\ **Post date:** [February 26, 2009, 7:15pm UTC](https://boards.straightdope.com/t/rumors-aig-will-report-largest-quarterly-loss-in-us-corporate-history/487289/22 "2009-02-26T19:15:04Z")
> [@China\_Guy](#): > > 200 people in AIG FP are responsible for this mess. Were I Queen of the World, these 200 people or so would be in jail. It went beyond fiduciary irresponsibility to fiduciary crime, IMO. [Previous page](https://boards.straightdope.com/t/rumors-aig-will-report-largest-quarterly-loss-in-us-corporate-history/487289.md?page=1)