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AIG reports net income of $1.5bn

AIG lobby

AIG has reported net income of $1.5bn for the first quarter of 2010, or $2.16 per diluted common share, compared to a net loss of $4.4bn in the first quarter of 2009.

First quarter 2010 adjusted net income was $809m, compared to an adjusted net loss of $2.1bn in the first quarter of 2009.

The financial services sector of the giant, generally held as responsible for

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