AIG poised for fresh 2Q writedowns
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AIG poised for fresh 2Q writedowns

04 August 2008
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Merrill Lynch’s $30.6bn CDS sale spooked investors as Willumstad mulls strategic options

American International Group’s (AIG) new chief executive Rob Willumstad has given himself until Labor day (1 September) to demonstrate how he plans to restore the leviathan’s fortunes.

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News August 2008/1
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