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  • What are the implications of AIG (AIG) chief Robert Benmosche's pledge to repay the government every last penny (that's $182.5B) and turn profitable? Well, in Q2 AIG turned a profit of $1.82B. So if it can keep that going for another 25 years, and turns every penny over to Uncle Sam ... Anyone holding their breath?  [View news story]
    The extrapolation does not make sense.As anyone knows, you can raise cash in many ways:

    Asset sales, Stock sales and internally generated earnings.

    As a taxpaying owner of AIG, I wish him great success. I bet he will pull it off.
    Aug 21 16:55 pm |Rating: +1 0
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