Which statements is/are NOT true regarding the AIG bailout.

a. AIG's organizational structure helped insulate the insurance companies.

b. The Credit Default Swaps (CDS) AIG Financial Products was marketing did not contribute to the problems because they were heavily regulated.

c. CDS are like insurance products except they do not have any reserve or holdback, thus there were collateral calls by counterparties.

d. The Government saw AIG's potential failure as a systemic risk.

e. AIG's selection of the Office of Thrift Supervision as its primary regulator was a helpful factor