)The top 100 stock
market authors
selected for publication
market authors
selected for publication
chrisbax
»
Comments
» Single Comment
| 
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Authors with the largestSee all
increase in followers
in the last 7 days
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most active
Instabloggers.-
1
TraderMark
-
2
Don Dion
-
3
Cliff Wachtel
-
4
Mike Havrilla
-
5
James Quinn
Top Instabloggers » -
1
-
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
-
actually sir, the 85 billion they got is not the value of the company, that is how much they needed to survive (preventing financial chais) so saying the 20% left over is worth 20% of 85 billion would be wrong. The loan amount does not matter..the govt took the maximum ammount of ownership they could by law 79.99%
Sep 17 19:50 pm
|Rating:
0
0
All Comments by chrisbax »Is AIG a Buy Following the Government Bailout? [View article]
AIG has a tough road ahead with owing 85 billion at an astounding 11%
I dont think there will be any profit for a long long time..not to mention they have to sell assets at depressed levels (albeit not as depressed as if they went into BK) but still the market place is not great. They will have to sell A TON to pay off 85 billion, and most likely they will not be able to do it, leaving the govt. to own the most profitable portion of the business, the insurance part..