Stocks gave up the gains and went in to red
Once almost gained 150 points, DOW ended up being red. Looks like there is not enough steam to push the stocks forward.
City group and Bank of America are still in the green; both these stocks are in the most active category.
There are a lot of double digit losers who made the day red.
AIG remained as the target for political and non political target. Obama pledged to fight AIG’s bonuses.
Here is a quote from Bis.yahoo.com by Rick Newman
“A bonus is no longer something you earn for a job well done. It’s legalized theft. AIG, one of the most reckless corporations of all time, is now paying out $165 million in executive bonuses for 2008,”
This is how people are interpreting where AIG stand today