E TRADE Financial Corp (ETFC)

[suzyHomemaker]

Here's the article I read.

If Buffet saves AIG there will be a huge rally in the financials in my opinion.

http://www.bloomberg.com/apps/news?pid=20601087&sid=asXKpmxEf1.o&refer=home

Buffett `Thought to Be' in AIG Talks, Insurance Insider Says

By Andrew Frye

Sept. 15 (Bloomberg) -- Billionaire investor Warren Buffett's Berkshire Hathaway Inc. ``is thought to be in talks'' with American International Group Inc. about a possible investment, the Insurance Insider reported, citing unidentified sources.

AIG's talks with potential investors, including buyout firms, are ``advanced,'' the publication said.

Nicholas Ashooh, a spokesman for New York-based AIG, had no immediate comment. Jackie Wilson, a spokeswoman for Omaha, Nebraska-based Berkshire, didn't immediately return a message seeking comment.

To contact the reporter on this story: Andrew Frye in New York at [e-mail]

Last Updated: September 15, 2008 08:51 EDT