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Loan Modification

: Mortgage Lender Implode-o-Meter

Will AIG Implosion 2.0 Lead To QE 3.0?

By Implode-Explode Heavy Industries

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``AIG dropped over 6% today following some very unpleasasnt disclosures about its muni outlook, and corporate liquidity implications arising therefrom: "American International Group Inc., the bailed-out insurer, said it faces increased risk of losses on its $46.6 billion municipal bond portfolio and that defaults could pressure the company?s liquidity.''

Full post as published by Mortgage Lender Implode-o-Meter on February 27, 2011 (boomark / email).

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