Governor Patterson was on CNBC this morning and he said " I think AIG has only a day." AIG hit a low in Pre Market this morning of $2.81 per share. It is now bouncing to around $3.45 as stock market futures improve a bit.
All eyes are on the Fed decision at 2:15pm this afternoon....and just as I right this, the FED has just injected 90 Billion of liquidity into the market.
AIG was scheduled to again have meetings at the New York Fed....so all eyes will be glued to this situation.