Financial Briefs

Breaking financial news from Wall Street to Main Street

AIG shares jump on report of shareholder plan

Posted by financialbriefs on September 22, 2008

It was the third day of gains for the stock, which hit its all-time low of $1.25 on September 16, just before the company was bailed out by the Federal Reserve with an $85 billion loan to help it recover from massive losses it suffered on mortgage derivatives.

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