CNBC.com News Now: What's Fueling AIG's Meteoric Rise?

Click here to view today's top stories on your mobile device. Friday, Aug. 28, 2009     DOW 9544.2 -36.43 -0.38%   NASDAQ 2028.77 1.04 +0.05%   S&P 1028.93 -2.05 -0.2%     NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV SIGN IN     WHAT YOU SHOULD KNOW Cerberus Clients Overwhelmingly Want Out: Report Cerberus Capital Management has been swamped with redemption requests with the Wall Street Journal reporting that investors are asking to pull out $5.5 billion or 71 percent of assets from its hedge funds... »read more Three Key Players at Lehman: Where Are They a Year Later? With the one-year anniversary of the collapse of Lehman approaching, the top players at the firm—former CEO Dick Fuld, President Joe Gregory and CFO Erin Callan—are no longer Wall Street power players... »read more Consumer Mood Hits 4-Month Low in August on Job Worries US consumer confidence fell to its lowest level in four months in August on worries over high unemployment and dismal personal finances, though the mood improved from earlier this month, a survey showed Friday... »read more TODAY'S TOP 5 VIDEOS 1. What's Fueling AIG's Meteoric Rise?  There has been heavy trading volume in the stock of AIG and a lot of confusion surrounding why. CNBC's Mary Thompson provides some clarity. 2. Intel's Really Good News  Intel raised its forecasts citing stronger demand, and Charles Kantor, of Neuberger Berman, and Linda Duessel, of Federated Investors, discuss how this will ripple through the rest of the market. 3. The Return of Layaway  Retailers are betting big on the layaway, with CNBC's Jane Wells. 4. Lobster Fisherman In a Boil  Lobster prices are in the tank, and there's no sign of a recovery, reports NBC's Janet Shamlian. 5. Forecasting Financial Follies  Robert Prechter, CEO of Elliott Wave International, accurately predicted the unfolding of the credit crisis and subsequent bank failures in a book written in 2002. He shares his insight with CNBC's Maria Bartiromo.       TODAY'S TOP BLOG   Fantasy Football Insurance: Good Or Bad? An insurance company in Long Island is offering insurance on your fantasy football season. And we can't say we here at "SportsBiz" are too surprised. »See All CNBC.com Blogs

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