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Tag archive for ‘bankrupt’

Jim Rogers: Let AIG Go Bankrupt, Not America(2)

By: CNBC.com | 03 Mar 2009
American International Group should be allowed to go bankrupt because keeping it and other sick financials alive on government support risks ruining the US economy, legendary investor Jim Rogers told CNBC Tuesday.
AIG [AIG 0.3992 -0.0308 (-7.16%) ], whose $61.66 billion fourth-quarter loss [...]