As it says above, what if during the crux of the financial crisis in 2008, AIG, like Lehman Brothers failed for reasons.
Would their have been a global bank run?
Would their have been a global bank run?
Do you mean failing or making default on the CDS speculators ?
First option is known : global financial meltdown like in the 1930's.
Second option is much more interesting : banksters and vulture funds are f...d off.