Question: This is based on the reading The Monster that ate Wall Street, published by Newsweek magarine on October 6 , 2 0 0 8 .

This is based on the reading "The Monster that ate Wall Street," published by Newsweek magarine on October 6,2008.
Read the article carefully and then address the following questions
(1) Describe the Bistro (short for Broad Index Securitized Thust Offering), ene of the first CDS contracts put together by J. P. Morgan in 1997.
(2) Explain how, according to the article, CDS contracts became linked to the housing market.
(3) Describe how companies like AIG (i.e, traditional invarance companies) became involved in the CDS market and what was the fatal flaw of AIG's strategy when equratien in the CDS martet
(4) Describe the reasons why, according to the article, the government decided to rescue AlO
This is based on the reading "The Monster that

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