AIG's troubles

The Dow Jones 30 gave up 1% today because of the problems with AIG. They are still dealing with losses from the credit market meltdown. The broader markets fared much better. NASDAQ dropped only slightly, and the S&P's decline was about 1/2%. Of course, oil posted another high. What's new? Citigroup is laying off employees to shore up their stock price. The good news is that most stocks held steady, despite the bad news from the insurance giant. DJIA -120.90 NASDAQ -5.72 S&P 500 -9.39