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JasonC
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Aug 07 15:08 pm
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All Comments by JasonC »Why Did AIG Rally Yesterday? [View article]
AIG is a giant bond fund, as well as several sound operating insurance companies. Bonds have been in an epic rally since November, accelerating since March. They just reported earning $1.8 billion for the quarter. The shares are a warrant. Yes they have a huge hole to climb out of...