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Wednesday, November 2, 2011

AIG Posts Loss on Writedowns Tied to AIA, Mortgage-Bond Decline

AIG Posts Loss on Writedowns Tied to AIA, Mortgage-Bond Decline Nov. 3 (Bloomberg) -- American International Group Inc., the bailed-out insurer, posted its biggest loss since 2009 on declines in the value of mortgage investments, planes at its aircraft-leasing unit and a stake in a former Asian subsidiary. ... AIG Posts Loss on Writedowns Tied to AIA, Mortgage-Bond Decline

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