AIG’s huge 2Q loss shows credit market woes linger (Lexington Herald-Leader)
American International Group Inc. posted its third straight quarterly loss, a rude awakening to investors hoping that troubles in the insurer’s mortgage market investments were starting to level off. Shares of AIG fell nearly 8 percent in after-hours trading. The world’s largest insurer suffered a deficit of $5.36 billion in the second quarter after losing $5.56 billion, or $3.62 billion …