AIG vetoes buybacks after $5bn quarter loss

AIG estimates that the $11bn of writedowns suffered last year on subprime mortgage-related derivatives will result in realised losses of only $900m over time

This entry was posted on Friday, February 29th, 2008 at 8:04 pm and is filed under Financial Services. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.