Description:Â AIG said Friday that it lost $2.4 billion in the third quarter on sales of insurance units, proceeds of which it plans to use to pay back the U.S. government.
Source:Â CNNMoney.com
Â
Date: 11/05/2010
Link: http://money.cnn.com/2010/11/05/news/companies/aig/index.htm
Questions for discussion:Â
- What were the reasons for AIG losses?
- How should investors react to this new information?
- What is the significance of the resulting new financial structure for management and for investors?
Leave a Reply