Borat Would Be Pleased

I guess one interesting consequence of AIG’s woes is that there is actually an IJ article about insurance in Kazakhstan:

The Kazakh unit of AIG said on Tuesday it had no intention of selling its insurance business in the Central Asian state.

On Monday, Kazakhstan’s No. 1 insurer Eurasia said it had made a formal offer to buy the Kazakh unit of the U.S. insurance company which was bailed out by the Federal Reserve this month.