Monday, November 30, 2009
Analyst Note Slams AIG; Falls 12% on Reserve Fears
American International Group’s loss reserves are “significantly deficient again," Bernstein Research wrote in a note issued Monday that sent the bailed-out insurer’s stock plunging 12%... According to Dow Jones Newswires, Bernstein analyst Todd Bault slashed his price target on AIG by 40%, to $12, and warned that its losses could have “major ramifications” going forward... FoxBusiness: Analyst Note Slams AIG; Falls 12% on Reserve Fears
Permalink posted by markw @ 1:46 PM 
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