Money Glitch or Not - AIG stock up 275% since August

Check out this interesting article; concerning AIG making a turn-around while attempting to stabilize and repay a $120 billion in taxpayer loans. Stocks have bounced back 275% since the beginning of August. Sounds like the stockholders have found that hidden treasure found in a money glitch game that makes money increase out of nowhere. Especially since taxpayers' have a 79.9% interest in the company. Does the new CEO Robert Benmosche have what it takes to get this company through this money glitch recession and back on a self-efficient foundation?

AIG bailout 'significant' taxpayer risk

via Business and financial news - CNNMoney.com on 9/21/09

AIG has stabilized thanks to a massive government bailout, but more than $120 billion in taxpayer loans to the insurance company remain at risk, according to a report issued Monday by a bailout overseer.

Bernanke cautiously states: 'Recession is very likely over'

Check out this story…Is it time for celebrating that the money glitch recession is finally disappearing? I don't think so! The recession might have stopped spiraling downward toward a depression; however, it is going to take time to spur the economy around again. We need two-thirds of consumer spending to help move forward economic activity and that will not happen until people are back to work. Personally, I think we still have a good ways to go before our life-savings and investments experience a positive money glitch. What do you think?

Bernanke: Recession 'very likely over'

via Business and financial news - CNNMoney.com on 9/16/09

In his first speech since he was reappointed, Federal Reserve Chairman Ben Bernanke said the recession is "very likely over" but detailed the tough road ahead for the economy.