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AIG accused Goldman Sachs of manipulating downward the marks on super-senior tranches underlying AIGFP's CDS in order to extract collateral from AIG. What's your view

  1. AIG accused Goldman Sachs of manipulating downward the marks on super-senior tranches underlying AIGFP's CDS in order to extract collateral from AIG. What's your view on this disagreement between the two counterparties? Is it fair to assume that these super-senior tranches could have substantial exposure to default risk, given the situation in the housing market in 2007-2008.

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