Wolfhounds

AIG Is Dead, Long Live AIG

Alex G: The gov't owns 80% of $7B cap = $6.4B.

Now, anyone with a calculator can figure out the market cap AIG needs to reach to repay Sam and still have any shareholder value.

$180B = 80% gov't stake, making total market value $225B. At current price of about $50, shares would have to rise to $1600. Good luck with that.