The gov owns 80% so it is worth 80% of the market cap. Remember AIG did a 1-20 reverse split so it is really only trading in the $2 range.
On Sep 16 08:57 AM rgc wrote:
> How much is the government's stake in AIG worth? With the stock value > it is trading at, I would hope the taxpayers that bailed AIG out > have made a killing.
Why Is Obama Timid About AIG? [View article]
On Sep 16 08:57 AM rgc wrote:
> How much is the government's stake in AIG worth? With the stock value
> it is trading at, I would hope the taxpayers that bailed AIG out
> have made a killing.