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  1. N.Y.-based insurance giant says it lost $24.47 billion in 3Q The government today provided new financial assistance to troubled insurance giant American International Group, including pouring $40 billion into the company in return for partial ownership.
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  2. Royal Gazette Financial models could have helped to avoid credit crisis says ... Royal Gazette, Bermuda - 22 minutes ago Ms Clark spoke on the over-reliance on models, what has been learnt from Hurricane Katrina and short and near-term models in a session which also debated ...
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  3. The unusually steep drop - at least 32% industrywide - left Detroit executives searching for words to describe how bad it was. The words they chose: carnage, horrific, breathtaking and unprecedented. "Clearly we're in a very dire situation," said ...
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