American International Group, Inc. (NYSE:AIG)
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A holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. Its primary activities include General Insurance and Life Insurance & Retirement Services operations.
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There should still be much bad news to come from AIG. Possible corrupt management, bad business decisions linked to toxic mortgage derivatives, will have to pay back billions in TARP funds or take billions in write offs.
gap down...somebody tell me why I missed this as a Papa Bear Short?