49.24 
0.30(0.61%) 3:13PM EDT - Nasdaq Real Time Price
By JEFFREY SPARSHOTT And ERIK HOLM
WASHINGTON—The Treasury Department said it would generate $7.6 billion in proceeds from its sale of American International Group AIG -0.63% Inc.shares, as it sells nearly all its remaining holdings in the insurer it helped rescue at the height of the financial crisis.
The government said Tuesday it would sell about 234 million common
shares at $32.50 each, matching the price it got when it sold an even
larger slug of shares in September. AIG's stock closed Monday at $33.36,
and jumped 1.6% to $33.90 in heavy pre-market trading Tuesday.
The transaction is expected to close on Friday. By Treasury's calculation, the final round of sales means the government will have a net positive return on its AIG bailout of $22.7 billion...
The man is a bigot and rasict. I half expect his next musings to say, "Obama just wanted to hang white men." What a disgusting man. Bob here, must have been among friends at the Wall Street Journal to vent his anger so seriously.
Steven Perlberg Sep. 24, 2013, 12:57 PM
In an interview with the Wall Street Journal, (click here) (Bob) Benmosche appeared to say that public anger over the company's decision to dole out $450 million in bonuses after it received $173.3 billion in government aid was "just as bad" as actual historical lynchings in the Deep South....
I am quite sure all these interests in AIG are only concern themselves with their earnings and not the reputation of the institution. I think it is time to divest.
0.30(0.61%) 3:13PM EDT - Nasdaq Real Time PriceBy JEFFREY SPARSHOTT And ERIK HOLM
WASHINGTON—The Treasury Department said it would generate $7.6 billion in proceeds from its sale of American International Group AIG -0.63% Inc.shares, as it sells nearly all its remaining holdings in the insurer it helped rescue at the height of the financial crisis.
The government said Tuesday it would sell about 234 million common
shares at $32.50 each, matching the price it got when it sold an even
larger slug of shares in September. AIG's stock closed Monday at $33.36,
and jumped 1.6% to $33.90 in heavy pre-market trading Tuesday.The transaction is expected to close on Friday. By Treasury's calculation, the final round of sales means the government will have a net positive return on its AIG bailout of $22.7 billion...
The man is a bigot and rasict. I half expect his next musings to say, "Obama just wanted to hang white men." What a disgusting man. Bob here, must have been among friends at the Wall Street Journal to vent his anger so seriously.
Steven Perlberg Sep. 24, 2013, 12:57 PM
In an interview with the Wall Street Journal, (click here) (Bob) Benmosche appeared to say that public anger over the company's decision to dole out $450 million in bonuses after it received $173.3 billion in government aid was "just as bad" as actual historical lynchings in the Deep South....
