$1.05 TRILLION IN ASSETS

AIG has recorded $18 billion of losses in the last three quarters tied to guarantees it wrote on mortgage-linked derivatives. It ended June with $1.05 trillion in assets. Its failure would likely be larger than that of Lehman, which said it ended August with $600 billion of assets.

Posted By: shoddy on September 16th 2008 at 22:55:47


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