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- CARSON, CA - JULY 31: Andre Villa practices in the Moto X Freestyle during the summer X Games 14 at Home Depot Center on July 31, 2008 in Carson, California.
  
  1 week ago
  
  from Getty Images
- A woman collects drinking water from a tube well at the flooded village of Godadhar in Faridpur July 27, 2008. Several areas in north and northeastern Bangladesh remain inundated with floodwaters after the embankments of the rivers Jamuna and Padma collapsed due to heavy rainfall earlier this week.
  
  1 week ago
  
  from Reuters Pictures by REUTERS
- LONDON - JULY 25: Reese Hoffa of United States competes in the Men's Shot Put Final during day 1 of the Norwich Union Aviva London Grand Prix at Crystal Palace Stadium on July 25, 2008 in London, England.
  
  1 week ago
  
  from Getty Images
- Palestinian artist Walid Ayyoub poses with a drawing of U.S. Democratic presidential candidate Barack Obama in his studio in the West Bank city of Ramallah July 22, 2008. Obama pledged on Tuesday to work to reach a peace deal between Israel and the Palestinians from his first day in office but said it would be difficult.
  
  2 weeks ago
  
  from Reuters Pictures by REUTERS
Hot off the wire
- The Chinese national flag is raised in a dawn ceremony in Tiananmen Square in Beijing Friday, Aug. 8, 2008. The 2008 Olympic Games open later Friday in Beijing.
  
  17 mins ago
  
  from AP Photo by Greg Baker
- An officer from the Department of Public Safety stands next to a crushed sport utility vehicle at the impound area at the Department of Public Safety headquarters in Phoenix, Arizona August 7, 2008. Nine people were killed and nine injured when the SUV packed with 18 suspected illegal immigrants rolled on a desert highway south of Phoenix, police said on Thursday.
  
  17 mins ago
  
  from Reuters Pictures by REUTERS
- Members of the road cycling team from the Netherlands take part in an official training session near the Great Wall of China in Badaling, 78 km north of Beijing on August 7, 2008 on the eve of the opening of the 2008 Beijing Olympic Games.
  
  4 hours ago
  
  from Getty Images by AFP/Getty Images
Recently starred
- Italian photographer Rino Barillari, who calls himself "The King of Paparazzi", smiles at the opening of his street exhibition in Moscow August 7, 2008.
  
  1 hour ago
  
  from Reuters Pictures by REUTERS
- A velo taxi, a cycle-powered people mover, is seen on the streets of Sapporo in Japan's northern island of Hokkaido July 4, 2008. How to get high oil prices down will top the agenda as leaders from the Group of Eight rich countries meet for a summit in Toyako, on Japan's northern island of Hokkaido, from July 7-9.
  
  1 month ago
  
  from Reuters Pictures by REUTERS
- Lawyers take a part in a protest rally in Lahore July 17, 2008. July 17, 2008. Lawyers and civil society members gathered to demand the resignation of President Pervez Musharraf and the reinstatement of 60 judges who were dismissed by Musharraf during his emergency rule in November 2007.
  
  3 weeks ago
  
  from Reuters Pictures by REUTERS
- Yoav Ziv (14) of Beitar Jerusalem fights for the ball with Wisla Krakow's Pawel Brozek during their Champions League second qualifying round, second leg soccer match in Krakow August 6, 2008.
  
  1 day ago
  
  from Reuters Pictures by REUTERS

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AIG to raise $12.5 billion after quarterly lossStory

AIG to raise $12.5 billion after quarterly loss

AIG had a first-quarter net loss of $7.81 billion, or $3.09 a share, compared with earnings of $4.13 billion, or $1.58, a year earlier, the company said in a statement. Standard and Poor's lowered AIG's credit rating after the insurer reduced the...

3 months ago from Houston Chronicle

More-articles

AIG, oil pummel stocks

Charley Blaine and Elizabeth Strott Analysts, investors and even the company's executives were shocked by the size of the loss. "While we anticipated a difficult trading environment, the severity of the unrealized valuation losses and decline in...

3 months ago from MSN Money

AIG sees no signs of mortgage asset market rebound yet

NEW YORK (Reuters) - American International Group , after disappointing with a worse-than-expected loss on Thursday, did little to buoy investor spirits on Friday, telling shareholders it does not yet see signs of a rebound in...

3 months ago from Earthtimes.org

AIG sees no signs of mortgage asset market rebound yet

3 months ago from The Washington Post

AIG chief under siege

3 months ago from CNN/Money

AIG shares tumble after the insurer posts $7.8B loss, says it will raise $12.5B in new capital

3 months ago from Canadian Business Online

See all

Blog-posts

AIG: From Blue Chip to Mediocrity

The quarterly report put out by American International Group (NYSE: AIG) on Wednesday was horrendous, and is yet another example of our country’s financial institutions getting themselves into trouble by taking positions in financial...

3 months ago from ETF Investor

Connections

American International Group

Standard Poor's

Legg Mason, Inc.

Maurice R. Greenberg

Sovereign Bancorp, Inc.