Today's Best Market Rumors (5/24/2011) AIG Shares, SEC Charges

Investing

Published: May 24, 2011 8:18 am

Updated throughout the day.

JP Morgan (NYSE: JPM), UBS, and Deutsche Bank have been added to the list of financial firms targeted by the NY State Attorney General over mortgage backed securities sales (Bloomberg)

Armani has assets of $850 million in cash and is unlikely to stage and IPO (Reuters)

The SEC has examined practices of two banks to see if they made fair representations about forex trading to customers (WSJ)

The AIG (NYSE: AIG) plan to sell shares to pay down the US government is still set to debut this week (WSJ)

Douglas A. McIntyre

Get Ready To Retire ^(Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future