AIG takes a step out of the grave

American International Group (AIG) did something may people thought it would never do -- it made a quarterly profit. The company's stock was up about 13 percent to $25.15 in pre-market trade.

AIG, which has not made a dime in six quarters, reporting a net profit of $1.82 billion, or $2.30 a share. Revenue increased 48 percent to $29.53 billion. That is nice, but it may not give heart to the American taxpayers who have put $180 billion into the company.