Sub-prime woes continued at American International Group (AIG), as it reported third quarter operating results below analysts’ expectations, compounded by a $352mn pre-tax charge on credit default swaps in its AIG Financial Products division.
Sub-prime woes continued at American International Group (AIG), as it reported third quarter operating results below analysts’ expectations, compounded by a $352mn pre-tax charge on credit default swaps in its AIG Financial Products division.