AIG offices in New York are shown on March 2. American International Group Inc., once the world's largest insurer, said Monday it lost $61.7 billion in the fourth fourth, the biggest quarterly loss in U.S. corporate history, amid continued financial market turmoil. The results come as the U.S. government also Monday announced a restructuring of a bailout plan for the troubled insurer, extending $30 billion in additional aid to the company for a total bailout topping $170. Mark Lennihan
AIG offices in New York are shown on March 2. American International Group Inc., once the world's largest insurer, said Monday it lost $61.7 billion in the fourth fourth, the biggest quarterly loss in U.S. corporate history, amid continued financial market turmoil. The results come as the U.S. government also Monday announced a restructuring of a bailout plan for the troubled insurer, extending $30 billion in additional aid to the company for a total bailout topping $170.
