Replies to post #296 on American International Group, Inc. (AIG)

[florida135]

E-Trade shows a close of $2.69. In the after market it's trading at $2.64. According to CNBC, the Treasury and the Fed. is going to Congress tonight to present a new measure that would have the Govt. and the Fed. buying all the bad loans back from all the banks, insurers, and other mortgage holders, to get this economy moving again. That's why the Dow closed up 410 points, with a big flurry of late buying when this news was released. We should know sometime tonight. If they get this deal done AIG could go to the moon tomorrow. If not, all bets are off, not only for AIG, but for the market as a whole. Stay tuned. Florida