Stricken AIG reveals fourth quarter loss of $62bn
US insurance company AIG has today announced a fourth quarter loss of $61.7 billion - the largest corporate loss in US history. The second largest quarterly loss of $54 billion was announced by Time Warner in 2002 following its merger with AOL. AIG’s loss is the equivalent of $678 million per day in the October to December period - or ...
No comments:
Post a Comment