Registered: Dec 2005
Posts: 2927

How is it at all possible that the government spends 140 billion to 'rescue' AIG, (and i assume that just means pay off their counter party swap liabilities) and the government magically makes a profit of 15 billion from a company that blew up?? The entire market cap of the newly issued stock isnt even 60 billion.

i don't get it.


http://online.wsj.com/article/SB100...1150054116.html

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