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Reply #9: That's Correct, You Would Never Sell 92% of the Shares Immediately [View All]

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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-11 12:04 PM
Response to Reply #7
9. That's Correct, You Would Never Sell 92% of the Shares Immediately
The point is, the government has $41B of stock + $20B cash as return for its bailout of AIG.

As to who will be buying the stock: six million shares are being bought every day.



You are correct that the government will take a loss on the transaction, but it appears to be limited to about 30% of the cash infusion (less if the stock keeps rising).

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