iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

The U.S. Treasury Decides to Unload 163 Million shares of $AIG

Unload before they explode.

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2 comments

  1. wvufan8787

    So does every US taxpayer get a chunk of the proceeds? Since we kinda bought these shares? I think not.

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  2. The Equalizer

    About the same time as we pay off our individual portions of the national debt.

    As with any orderly windup, any cash remaining after the bondholders are paid off can then be distributed to shareholders.

    Given that there’s no equity remaining in the shares of the parent corporation, I’m OK with waiting a few decades before winding up operations.

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