I wonder if the Federal Government will allow AIG to not pay any taxes again this year. I know that sure would help me pay a premium for other items and maybe even buy a new American Car. Oh wait, I’m not big business getting a government bail out that is allowed to NOT pay taxes. Then the Federal Reserve makes a claim that they are making money off of selling the stock. We’re not stupid and we know that we aren’t making a profit. The Feds are just doing a little smoke and mirrors and instead of paying taxes that are owed like every other business in America, they’ll just buy back some of their stock at a “premium.” What a joke! And why is our media posting garbage like this. Report facts, not magic tricks.
Read up on warrant rights, bro. The Fed makes a nice chunck of chenge when they sell the stock. They dictated the buy price way back when this deal was formulated. I understand your cynicism given the sinister circumstances in how this deal was done(designed by former Goldman Sachs management to prevent damage to Goldman Sachs). But, warrents assure the Fed profit down the road. They are cashing it in now.
Always questionable when the majority shareholder is both the seller and the buyer of shares of stock. Seems to me, the deal could be what ever the Government wants it to be. It actually might be a good short term investment to get into while the Government drives up the value of the stock just to make it look good for them.
I wonder if the Federal Government will allow AIG to not pay any taxes again this year. I know that sure would help me pay a premium for other items and maybe even buy a new American Car. Oh wait, I’m not big business getting a government bail out that is allowed to NOT pay taxes. Then the Federal Reserve makes a claim that they are making money off of selling the stock. We’re not stupid and we know that we aren’t making a profit. The Feds are just doing a little smoke and mirrors and instead of paying taxes that are owed like every other business in America, they’ll just buy back some of their stock at a “premium.” What a joke! And why is our media posting garbage like this. Report facts, not magic tricks.
Read up on warrant rights, bro. The Fed makes a nice chunck of chenge when they sell the stock. They dictated the buy price way back when this deal was formulated. I understand your cynicism given the sinister circumstances in how this deal was done(designed by former Goldman Sachs management to prevent damage to Goldman Sachs). But, warrents assure the Fed profit down the road. They are cashing it in now.
Always questionable when the majority shareholder is both the seller and the buyer of shares of stock. Seems to me, the deal could be what ever the Government wants it to be. It actually might be a good short term investment to get into while the Government drives up the value of the stock just to make it look good for them.