AIG stock tumble as it re-evalutes debt
The value of its super-senior-credit-default swap portfolio declined $5.9 billion and not $1.6 billion, AIG reported to the SEC.
American International Group Inc. mistakenly appraised how much its debt had grown, casting serious doubts on one of the largest suppliers of insurance in America.
A report submitted to the Securities & Exchange Commission by AIG revealed that the value of its super-senior-credit-default swap por
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