Posts Tagged ‘AIG’

  • Treasury to Sell AIG Stock
    , August 3rd, 2012 at 2:30 pm

    Last week, I tweeted:

    Obama might privatize $AIG before November. The stock is above the govt’s breakeven price of $28.72, easy way to counter “socialism” charge.

    Look what’s making news right now: Treasury To Sell $4.5 Billion In AIG Stock In Public Offering

    The U.S. Treasury Department has begun an offering of $4.5 billion in stock of bailed-out insurer American International Group Inc.

    AIG plans to buy as much as $3 billion of the stock, the Treasury said in a statement today.