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Sunday May 11
AIG loses $7.8 billion in 1st quarter on credit default swap and investment portfolio losses
NEW YORK : American International Group Inc. said Thursday it swung to a $7.81 billion loss in the first quarter due to losses tied to credit swaps and mortgage-related operations and that it plans to raise ... via International Herald Tribune
Posted by roboblogger
Full Story: International Herald Tribune
Complete Coverage: 2 stories
- Chicago Tribune - AIG posts 1Q loss of $7.8B, plans to raise $7.5B in capital
- San Jose Mercury News - AIG loses $7.8 billion in first quarter
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