American International Group Inc. said Wednesday that it lost more than $5 billion in the second quarter, as struggling credit markets stripped about $5.6 billion from the value of its credit default swaps portfolio.
AIG loses more than $5B on credit market troublesCourtesy Newsvine - business Wed, 08/06/2008 - 17:17
American International Group Inc. said Wednesday that it lost more than $5 billion in the second quarter, as struggling credit markets stripped about $5.6 billion from the value of its credit default swaps portfolio. Tags:
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