AIG shares in freefall

Shares in insurance giant American International Group (AIG) fell another 63% on Wall Street today amid concerns of a deepening cash crisis at the firm.

AIG shares in freefall

Shares in insurance giant American International Group (AIG) fell another 63% on Wall Street today amid concerns of a deepening cash crisis at the firm.

AIG suffered a further day of stock market pain after credit ratings agencies downgraded the firm, making it even more difficult for the group to raise money.

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