Monday closed down.

I heard ( from many radio stations ) that on Monday, March 2nd, the stock market in many places closed down sharply ( DJIA 6763, Nasdaq 1323 ) it's all because of AIG ( American International Group Inc. ) reported $ 61,7 billion the fourth quarter loss then brought losses for 2008 to $ 99,3 billion. After that AIG have bailout from US government, this is the 4th times AIG have bailout ( Twice from Treasury fund and fourth times from Federal Reserve ).

I heard the government already has risked $ 173,3 billion to keep AIG alive and government officials acknowledged the company may need more money.

But the Indonesian index average ( JCI / Jakarta Composite Index ) closed up 3 digit ( 1264 ). This day many of stock market index closed gain.