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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 11:23 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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