AIG Up An Insane Amount Again

robert benmosche AIG

Even as stocks as a whole are down today, the “casino stocks” like AIG (AIG), Fannie Mae (FNM) and Freddie Mac (FRE) are up once again. Nobody knows what’s going on, really. It’s all rumour and speculation.

AIG in particular is up an insane amount, gaining about 30%, on no particular news. There’s some news about regluators approving the pay package of the new CEO, but, um… seriously?

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.