“American International Group’s widely watched stock offering was priced at $29 a share, CNBC has learned, allowing the US Treasury to begin exiting its 92 percent stake in the insurance giant after rescuing it during the 2008 financial crisis.
The secondary offering, which was priced at a 1.5 percent discount to Tuesday’s closing price[AIG 29.46 
-0.52 (-1.73%) 
] and represents a 15 percent stake, will raise about $8.7 billion. (Click for after-hours quote)“
Experts say shareholders / tax payers were fleeced
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