Describe how the fall of AIG exemplifies contagion. How did the U.S. government bailout of AIG benefit

Question:

Describe how the fall of AIG exemplifies contagion. How did the U.S. government bailout of AIG benefit foreign as well as U.S. firms and investors? Experts are advocating increased regulation to prevent contagion. At the national and international levels, what types of regulation might prevent future crises?