It is kind of mind bogling that AIG managed to lose $1B each business day
last quarter. With 130,000 employees, each of them went to work and at the
end of the day had lost $8,000.
OPvbviously you cannot lose that kind of money in reguular business; AIG
must have played the casino in a big way, made enormous bets.
last quarter. With 130,000 employees, each of them went to work and at the
end of the day had lost $8,000.
OPvbviously you cannot lose that kind of money in reguular business; AIG
must have played the casino in a big way, made enormous bets.