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With the wiring of about $7.6B to the Treasury, the government is officially relieved of the...

With the wiring of about $7.6B to the Treasury, the government is officially relieved of the rest of its AIG stake. 19 months ago, Treasury owned more than 1.6B shares, 92% of the total. (AIG's PR)
Comments (3)
  • philipmax
    , contributor
    Comments (250) | Send Message
     
    Congrats to BenMoshe and the AIG Management Family for retaking control of this vibrant and thriving company. $182B !!! What were the fellers before you thinking to get us in this mess? I know, it was the bonus packages that had a trick pocket to them? Those guys walked home with millions and millions in $$$ bonuses.Was anyone caught and punished? NO!
    As a long time stockholder, I never wavered at the capacity of this company to come out of the mess, but I lost a bundle here and yet, no was was caught or punished! That's a shame!!!!
    14 Dec 2012, 04:19 PM Reply Like
  • rdimatteo
    , contributor
    Comment (1) | Send Message
     
    How about the NY Atty Gen Spitzer ?? Would we have lost a bundle if Greenberg was NOT forced to resign ???
    15 Dec 2012, 04:03 AM Reply Like
  • wil3714
    , contributor
    Comments (1597) | Send Message
     
    government initiated a 90% tax on those bonuses for firms who took TARP money so they all gave it back.
    14 Dec 2012, 08:51 PM Reply Like
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