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AIG enters record books with $61.7 billion loss (Reuters)

Started by riky, March 02, 2009, 02:03:14 PM

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riky

AIG enters record books with $61.7 billion loss
    (Reuters)

 


Reuters - American International Group Inc posted a $61.7 billion fourth-quarter loss -- the biggest quarterly loss in corporate history -- after reaching a revised rescue deal with the U.S. government that wards off for now the prospect of crippling credit rating downgrades.


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