AIG board 'disappointed' by recent performance
(BestWire) The board and management of American International Group expressed disappointment at the company’s recent financial performance but tried hard to allay fears that the giant insurer was in a crisis.
The turmoil in the credit and US residential housing markets has had a dramatic impact on AIG’s capital markets, mortgage-related businesses and its investments.
Recently, the company posted a $7.8bn
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