Tuesday, September 16, 2008

AIG rallying

AIG, financials, and broader market are trading off their lows as investors place there bets that AIG will get  necessary bridge financing to give it time to sell assets and raise capital. No news on AIG yet. Will keep everyone posted.

AIG - NY Fed in meeting to discuss fate of AIG. CNBC is saying a government bailout of AIG is now a possibility. Stock rallying along with the broader m

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