NU Online News Service, Nov. 30, 4:00 p.m. EST
An analyst's report sent American International Group's stock tumbling downward today as the analyst said the company will have an $11 billion reserve deficiency by the end of this year.
Earlier today, CNBC's David Faber said a report issued by Todd Bault, an analyst with Sanford C. Bernstein, found that AIG would suffer an $11 billion reserve deficiency primarily in three lines of long-tail business--workers' compensation, general liability and professional liability.
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