Monday, February 23, 2009

AIG needs $60 billion more as of 2/23/2009

AIG in talks with U.S. government, sees $60 billion loss: source

American International Group Inc, rescued twice last year by the U.S. government, is asking for more aid and bracing for a fourth-quarter loss of roughly $60 billion, a source familiar with the matter said. It would be the biggest loss in a quarter in corporate history.

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