Huge AIG loss marks next descent towards chaos
Reuters has the report here, this quote illustrates the fear once more stalking the markets:
AIG, which has already had $150 billion in taxpayer aid, announced a near $62 billion fourth-quarter loss, making its fifth consecutive quarterly loss and bringing the total loss over that time frame to more than $100 billion.
62 billion dollars in 3 months after having been bailed out for 150 billion dollars earlier.
THIS HAS TO BE A JOKE!
Labels: AIG
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home