The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Poll: AIG||Date: 10/4/2013 8:37 PM|
|Author: joelcorley||Number: 73435 of 77149|
You wrote, I thought AIG was bailed out years ago. So now the issue is, the US govt wants to sell its stock in AIG to the public, so Mr. taxpayer gets most of his money back and maybe even makes a profit.
I would point out that this is also history. The Treasury sold it last stake in AIG on 12/14/2012.
If you believe Wikipedia, the USA made $22.7B on the AIG bailout.
AIG is now privately held and the government has no stake in the company.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|