Charlie Gasparino has just come on CNBC today, 10/29/08, and told viewers that the Eric Dinallo and the Treasury are meeting to discuss Ambac ( ABK ) and MBIA ( MBI ) for a possible coverage in the Tarp program.
If the treasury provides capital into these bond insurers, their rating could get lifted higher. This would be huge for both ABK and MBI.
Both stocks are surging on this news, ABK is 2.83 and MBI is 8.36.
http://daytradingstockblog.blogspot.com/
Showing posts with label cnbc charlie gasparino. Show all posts
Showing posts with label cnbc charlie gasparino. Show all posts
Wednesday, October 29, 2008
Tuesday, September 16, 2008
AIG- Government Bailout 9/16 - AIG Bailout News
CNBC Charlie Gasparino is reporting that Government money is now back on the table for a bailout of AIG. Nothing is official yet but this news has rallied AIG stock and the markets...the Dow was down 55 now up 77.
AIG could get bailed out now by Government.
AIG could get bailed out now by Government.
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