No doubt the government continues to smile as its investments in AIG (AIG), Fannie (FNM), and Freddie (FRE) become more valuable.
After posting double-digit gains yesterday, AIG (AIG) is back on a roll today, currently up 5.4% at $34.55 a share.
Fannie Mae (FNM) is also climbing but those gains are slowly being erased. It’s currently at $1.09 a share, up 2.8%. Freddie Mac (FRE) is up 0.8% at $1.29 a share.
And even Citigroup (C) is up 3.4% today, currently at $3.96 a share.
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See Also:
- Perma-Bear Bob Janjuah Makes A Bullish Call
- Market Dogs Like AIG And Fannie Mae Go Nuts
- The Fed Plots The Next Disastrous GSE