Is AIG a Buy Following the Government Bailout? [View article]
"Let's deal with AIG valuation. Since the government provides $85 billion for potential 80% ownership, the remaining 20% should be worth $21.25 billion."
Cannot believe a guy like him could be writing on Seeking Alpha. It is not a loan, it is a rob. I lent you some money for 10% interest rate a year. In return, you will pay me back my principle plus interest in two years but I get to own 80% of your house.
Is AIG a Buy Following the Government Bailout? [View article]
Cannot believe a guy like him could be writing on Seeking Alpha. It is not a loan, it is a rob. I lent you some money for 10% interest rate a year. In return, you will pay me back my principle plus interest in two years but I get to own 80% of your house.