Investing

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

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

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