November 7, 2007

AIG profit fallS 27 percent (AP)

The headquarters of the American International Group Inc. is shown in this March 1, 2007 file photo in New York. AIG is set to report results for the third quarter after the closing bell rings Wednesday, Nov. 7, 2007. (AP Photo/Mark Lennihan, file)AP – The world’s largest insurer may not have invested as much in mortgage-backed assets as the world’s biggest banks, but American International Group Inc.’s exposure to the rocky credit and housing markets was enough to dampen its third-quarter profit.

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