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2nd-quarter profit is 1st for insurer AIG since '07

By BY JOSHUA FREED THE ASSOCIATED PRESS

Posted: August 8, 2009 at 4:22 a.m.

Credit: The Associated Press
 AIG, headquartered in New York, saw its shares jump 20.5 percent Friday.

American International Group Inc. said Friday that it had its first profitable quarter since 2007 - and warned that it still has plenty of repair work to do.

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Business, Pages 27, 32 on 08/08/2009

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