AIG is on fire; market cap now US$6.5B

[solarbird]

Good morning!

     Price Change Percent Market Cap
AIG   2.45  -2.31  -48.53      $6.5B

Right now, everyone is just waiting to see what, if anything, the Fed does.

Comments

[elfs.livejournal.com]

The Fed did nothing, and signalled that it's likely to keep doing nothing. Hold on to your butt, 'cause it's about to get much uglier.

[llachglin.livejournal.com]

The stock market rallied on the news. It's like they can't or don't want to think more than one day ahead.