AIG's (AIG) Liddy said they may run off its mortgage insurance business
AIG's (NYSE: AIG) Liddy said they may run off its mortgage insurance business. Liddy says there many be no buyers for AIG mortgage insurer. AIG's Liddy as says they may unwind private equity investments. Liddy wants to reduce 'third-party' investing.
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what
Dave on Oct 3, 2008 02:45 PMwhat do they mean by run off?