Shares of Fannie Mae, Freddie Mac and AIG, the three financial groups taken over by the US government at the height of the financial crisis last year, have surged over the past three weeks, making them the most improved stocks on the New York Stock Exchange since early August. AIG, the insurer that came close to collapse last September, has soared 150% since Aug 3, while government-run mortgage financiers Fannie and Freddie have both gained nearly 250%.

This entry was posted by Gwen Robinson on Thursday, August 27th, 2009 at 5:07 and is filed under Capital markets. Tagged with aig, Fannie Mae, freddie mac. Edit this entry.