Massive Confusion Over Rally In AIG, Fannie And Freddie

We weren't the only ones confused by yesterday's bizarre rally in beaten-down companies like AIG (AIG), Fannie Mae (FNM), Freddie Mac (FRE)... There are a few different stories, some having to do with the new plan for the GSEs, or maybe the resignation of James Lockhart, or maybe a surprise profit in another beaten down lender.

Nobody has a good explanation...

Business Insider: Massive Confusion Over Rally In AIG, Fannie And Freddie
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