Ann Rutledge Interview

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March 31 (Bloomberg) -- Ann Rutledge, founding principal of R&R Consulting, talks with Bloomberg's Erik Schatzker about how collateral replacements for collateralized debt obligations helped drive American International Group Inc. to the brink of disaster. CDOs were at the heart of the financial crisis that sparked the highest U.S. jobless rate in a generation. They were among the largest contributors to the $1.8 trillion of losses at the world’s largest financial firms since the start of 2007, according to data compiled by Bloomberg. (Source: Bloomberg)


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