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Reuters: AIG sees no signs of mortgage asset market rebound yet

Started by chris, May 09, 2008, 11:21:36 PM

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chris

AIG sees no signs of mortgage asset market rebound yet
      


NEW YORK (Reuters) - American International Group , after disappointing with a worse-than-expected loss on Thursday, did little to buoy investor spirits on Friday, telling shareholders it does not yet see signs of a rebound in the market for mortgage assets, which have cost it dearly over the past two quarters.
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