Clifford Gallant, an analyst at KBW Inc., talks with Bloomberg's Carol Massar, Julie Hyman and Erik Schatzker in New York about American International Group Inc.'s first-quarter loss reported yesterday, capital position and outlook. The world's biggest insurer by assets said it needs to raise $12.5 billion after two straight quarterly losses, including a net loss of $7.81 billion in the first quarter.
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Added: May 9, 2008 |
| Category: Business |
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