American International Group Inc
NYSE: AIG
$76.31
+$0.54 (+0.7%)
Closing Price on November 18, 2024
AIG Articles
Shares of major financial firms from Goldman Sachs (GS) to Morgan Stanley (MS) are up 25% to 35% in the pre-market. Washington Mutual’s (WM) stock is up more than 40% and AIG’s (AIG) soared more...
Published:
Last Updated:
According to Reuters, Citigroup (C) is considering buying Washington Mutual (WM). Reuters reports that US markets rallied on word of a potential plan for the government to take over the toxic assets...
Published:
Last Updated:
Earlier this week in the midst of the American International Group (NYSE: AIG) meltdown we brought up the issue that AIG was about to lose its standing as a member of the prized Dow Jones Industrial...
Published:
Last Updated:
Most Americans think that closing the markets for a day or two is the action of socialists and not an appropriate way to deal with the current credit debacle. Nevertheless, the Russians like the idea...
Published:
Last Updated:
The Fed and a number of other large central banks will put $180 billion into the markets to improve liquidity. Policy makers “continue to work together closely and will take appropriate steps to...
Published:
Last Updated:
Leaving aside the fact that the federal government has a nearly endless supply of money, especially if the Chinese continue to buy its bonds, the capital being pushed into the market is going to the...
Published:
Last Updated:
Hank Paulson and Ben Bernanke proved that they were not anarchists, willing to risk the financial system burning itself into a pile of ashes. Zeus-like, the Fed will bail out AIG (AIG) at the same...
Published:
Last Updated:
The Fed rescued AIG (AIG), loaning the company $85 billion for two years in exchange for a 79.9% interest in the company. After allowing Lehman (LEH) to fail, the new arrangement with AIG raises...
Published:
Last Updated:
According to Reuters, the federal government bailed out AIG (AIG) The Fed will loan the insurance company $85 billion for two years in exchange for a 79.9% stake. Reuters says that Barclays (BCS)...
Published:
Last Updated:
Markets in Asia were mixed The Nikkei rose 1.2% to 11,750. Mitsubishi UFJ Financial moved up in reaction to the Fed’s bailout of AIG. (AIG) The Hang Seng fell 2.2% to 17,899. China Life (LFC) fell...
Published:
Last Updated:
No one could quite get to the crash victim, and now it seems certain AIG (AIG) will not make it out of the wreck. After staging a rally during the day, AIG’s shares closed down 21% at $3.75. After...
Published:
Last Updated:
Constellation Energy Group (CEG) falls on fears of link to the Lehman bankruptcy. The company says no. The shares plunges to $13 from 52-week high of $107.97. Gatehouse (GHS) shows why it’s a bad...
Published:
Last Updated:
There is one critical aspect to the stock market that pertains to American International Group (NYSE: AIG) which has been given less coverage because of the media’s focus on the turmoil in the...
Published:
AIG (AIG) shares are off 40% in pre-open, to $2.85. The #1 Thing to Do Before You Claim Social Security (Sponsor) Choosing the right (or wrong) time to claim Social Security can dramatically change...
Published:
Last Updated:
According to Reuters, the markets will now turn their attention to AIG (AIG) which is struggling to survive. Reuters report that the Fed will probably hold interest rates steady and signal a cut for...
Published:
Last Updated: