Giant Zombie Insurer on the Loose

[Joelle]

Giant Zombie Insurer on the Loose
      

A “one-off” second-round bailout for AIG tickled investors, who celebrated the further dilution of their stakes in this far-too-big-to-fail monster by driving its shares up more than 25 percent in premarket trade. The poster-ghoul for the credit crisis said “BOO” with its largest-ever quarterly loss – a $24.47 billion, $9.05-per-share shocker.
 
Taxpayers are buying another $40 [...]
         

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