Zero Hedge says Aflac's (AFL -1.8%) $610M hit from European debt raises doubts about...
Zero Hedge says Aflac's (AFL -1.8%) $610M hit from European debt raises doubts about Bernanke’s assertion that U.S. firms’ exposure to a European sovereign default is small. Aflac has been buying Japanese government debt to help shift risk away from Europe, but Japan likely has been buying the new EFSF European bailout bonds, ZH suggests, sucking it back into the exposure.
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