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Reply #6: Greenberg, who was a top Bush fundraiser, is trying to cheat the taxpayer and existing stock holders [View All]

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karynnj Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-02-09 10:23 AM
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6. Greenberg, who was a top Bush fundraiser, is trying to cheat the taxpayer and existing stock holders
The government has an 80% share because that reflected the amount of case the government put in. Unless the new common shares are sold for a price per share that is equivalent to the price per share the government put in, the real value of the government's shares fall.

Assuming, they aren't buying some of the governments' shares back, think of how big this would make the company - for an 80% stake to become 15%, shouldn't the entire company be over 5 times as valuable (due to the cash raised) as it is now?
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  -Former AIG chief says bailout 'failed' tomm2thumbs  Apr-02-09 09:29 AM   #0 
  - Fuck Greenberg.  Avalux   Apr-02-09 09:31 AM   #1 
  - He is a REPUBLICAN - he was a major Bush fundraiser  karynnj   Apr-02-09 10:26 AM   #7 
  - Who in their right mind would buy stock in this company?  rurallib   Apr-02-09 09:32 AM   #2 
  - Er, the US Taxpayer? nt  Romulox   Apr-02-09 11:33 AM   #13 
     - I know, but besides us.  rurallib   Apr-02-09 01:51 PM   #20 
  - He wants to keep it "too big to fail." But, if he wants to reduce the government's  rateyes   Apr-02-09 09:34 AM   #3 
  - LOL. This is the guy that ran AIG into the ground, right?  Cass   Apr-02-09 09:38 AM   #4 
  - Now that they've got all our money, they admit it couldn't work?  aquart   Apr-02-09 10:03 AM   #5 
  - Greenberg, who was a top Bush fundraiser, is trying to cheat the taxpayer and existing stock holders  karynnj   Apr-02-09 10:23 AM   #6 
  - This is one of those "no shit" headlines. n/t  OhioChick   Apr-02-09 10:29 AM   #8 
  - Why anyone would listen to anything this man would say is beyond me.  kiranon   Apr-02-09 10:51 AM   #9 
  - Go cheney yourself, Hank. nt  City Lights   Apr-02-09 10:58 AM   #10 
  - heheheh. . all that money.. just disappeared. . can't understand it...  annabanana   Apr-02-09 11:01 AM   #11 
  - Nobody Will Buy Any of the Pieces  Demeter   Apr-02-09 11:01 AM   #12 
  - Oh, Boo Hoo Hoo. Bet He Had No Problem With the Tons Of Companies AIG Broke Up  NashVegas   Apr-02-09 11:47 AM   #14 
  - good point.  yurbud   Apr-02-09 01:07 PM   #18 
  - when he shows up to testify, they should hold him upside down and shake the money out of his pockets  yurbud   Apr-02-09 12:19 PM   #15 
  - Awwwww.... Felling a bit grumpy  BlueIdaho   Apr-02-09 12:21 PM   #16 
  - PIC: This is what he should look like as he leaves Congress:  yurbud   Apr-02-09 01:07 PM   #17 
  - I don't trust a thing that slimy piece of shit says.  Zynx   Apr-02-09 01:09 PM   #19 

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