AIG shares off 40% in early trading
Shares in AIG were off over 40% in early trading after news that the stricken insurance giant was downgraded by three ratings agencies.
At 3.08pm AIG's share price dropped 43%, or over $2 at $2.70. Standard & Poors, AM Best and Fitch all downgraded the credit ratings of AIG.
Late on Monday night New York regulators had allowed the
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