Paid advertising at What Really Happened may not represent the views and opinions of this website and its contributors. No endorsement of products and services advertised is either expressed or implied.

 

AIG fears cause securities trading to halt

Shareholders were left unable to trade popular commodity securities yesterday, due to fears over the future of their backer, AIG.

Banks and brokerages stopped making markets in the Exchange Traded Commodities (ETCs) backed by the troubled insurer and sold by ETF Securities (ETFS). The price of the stocks also plummeted due to the worries over AIG.

Log in
to vote
0
Posted on Sep 16, 2008 at 17:34
»

Comments