Tag: bailout money
Government Close to Announcing AIG Exit Strategy
by Hugh Collins on Sep.27, 2010, under Towing
The government is close to announcing its plans to end the bailout of American International Group (AIG), returning the company to independence and recovering taxpayer funds.
The Treasury is planning to begin converting its $49 billion preferred stake into common stock for sales, Bloomberg News said without naming its sources. The plan could be announced this week.
AIG is currently working on…
Continue reading Government Close to Announcing AIG Exit Strategy
Government Close to Announcing AIG Exit Strategy originally appeared on DailyFinance on Mon, 27 Sep 2010 08:36:00.
Filed Under: Company News, Economy, American International Group, Taxes, Insurance, Credit
U.S. Needs to Sell GM Stake at $133.78 a Share to Break Even
by Hugh Collins on Sep.23, 2010, under Towing
According to a new analysis, the U.S. government would have to sell all its shares in General Motors at an average price of $133.78 a share in order to break even on its stake in the automaker. Should U.S. taxpayers be worried?
Continue reading U.S. Needs to Sell GM Stake at $133.78 a Share to Break Even
U.S. Needs to Sell GM Stake at $133.78 a Share to Break Even originally appeared on DailyFinance on Thu, 23 Sep 2010 07:09:00.
Filed Under: Company News, Investing, General Motors, Taxes, Autos, Stocks in the News
-
You Can Reach Us At:
For All Of Your Towing and Recovery Needs.
Tele: (847) 587-6076
Fax: (847) 587-8610 Some Of Our Pics
