From Elizabeth, AIG Has Used Much of Its $123 Billion Bailout Loan. The Washington Post reports:
Wall Street analysts said this is a vulnerable juncture for the insurance giant. It's now in a deep trough -- from which it may either emerge leaner and meaner or never return.
"It can't be good that they have to pay out so much more money," said insurance analyst David Schiff of Schiff's Insurance Observer. "They're obviously in a lousy spot."
categories: News
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