This will certainly weight upon the index today with AIG losing a cool $8 billion and seeking to rise $12 billions in the months ahead, indicating that the current quarter loss won’t be its last. Such losses will certainly further unnerved investors who were slightly more calm after the sub prime crisis. The little bit of confidence looks set to be eroded with news of such massive losses.
AIG lost $7.81 Billion this Quarter
By Finance in AIG lost $7.81 Billion this Quarter
May
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