AIG´s $1 Trillion Bankruptcy Would Be World´s Largest Ever

Courtesy Digg - Business & Finance  Tue, 09/16/2008 - 11:50

HONG KONG, Sept 16 (Reuters) - AIG will be forced to seek out merger to avoid bankruptcy. Warren Buffet is no longer the richest man on the planet.

It turns out most of his wealth was tied up in paper maché investments.


 

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