fghton

Wall Street Breakfast: Must-Know News

Thanks every day for posting such great information!

Is AIG a Buy Following the Government Bailout?

Where do you get your facts? No one to my knowledge has public access to the actual documents that were signed that discusses the warrant features....conversion price...number....cond... etc. It's the type of speculation you are offering that got most of these companies into the mess they are in.

From everything discussed to date by the pundits, the warrants issued to the government gave them 79.9% of AIG in consideration of simply granting the lone. Nothing more...nothing less. No mention of forgiveness except a reference in some article to incentives for paying back the loan promptly. What those incentives could be is also an area of vast speculation. Until the government releases the agreement (or AIG for that matter) we are all dealing in the dark.