EconomPic: Still Shedding Jobs
I do not recall ever posting two scary charts of the day.
Ouch.

AIG’s ‘Tainted Brand’ in U.K. Hurts Life Insurer Unit (Update1) – Bloomberg.com
American International Group Inc. suffered an 87 percent quarterly sales decline at its European life business as U.K. clients abandoned the firm, draining value from operations the insurer is selling to repay a U.S. bailout.
