On November 1, 2012, American International Group (AIG) reported (pdf) performance for its third quarter, which topped analysts' consensus expectations by 12%. AIG reported a bottom line of $1 per share against consensus mean expectation of $0.88 per share. The company has shown a remarkable turnaround since 2008, when it was rescued with a massive bailout package. The Treasury Department of the US government has recouped $197.4 billion on its initial investment of $182.5 billion in the company, and is no longer the majority owner of the company.
The performance in the third quarter of the current year was an improvement on the same quarter of the previous year. The following table is a snapshot of the company's performance during the third quarter.
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