Investing

Today's Best Market Rumors (12/17/2009) (GE)(AMR)(AIG)

Updated throughout the day.

Tudor Investments will close its largest fund to investors  (Bloomberg)

Steve Cohen of SAC made money illegally trading on the RCA buyout by GE (NYSE:GE)  (Cohen’s ex-wife)

Apollo Management will buy amusement park company Cedar Fair  (AP)

Citigroup (NYSE:C) will suspend foreclosures for 30 days (AP)

AMR (NYSE:AMR) may up its bid to fund JAL  (Dow Jones Newswires).

Bank failures may increase in 2010 (The Street)

AIG (NYSE:AIG) may take its Asia life assurance business public which could raise $20 billion  (FT).

Douglas A. McIntyre

 

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