US insurance company AIG has today announced a fourth quarter loss of $61.7 billion - the largest corporate loss in US history. The second largest quarterly loss of $54 billion was announced by Time Warner in 2002 following its merger with AOL. AIG’s loss is the equivalent of $678 million per day in the October to December period - or ... http://financemarkets.co.uk/2009/03/02/stricken-aig-reveals-fourth-quarter-loss-of-62bn/
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