The Fed won’t hold the stock for two reasons. One is political, the government doesn’t want to be seen as holding capital in a public company any longer than is necessary. Two is that part of the reason why the stockl is estimated to rise in value is the AIG buyback of those capital shares. If the fed doesn’t sell, there is no buyback, and no rise in value to $40.
There has been no progress at Chartis, only a name change. Does anyone doubt that Goldman & or it’s clients{in concert with the Fed} are looking to sell their AIG shares before the next crash?
Perhaps a concern for increased profitability is the reason behind our medical practice not receiving payment from Chartis for nearly the last year; them sighting ridiculous reasons why the claims should be denied just to not pay them. We are looking at a large turn-away of longtime patients just because they work at a local factory that employs Chartis/AIG as their workers compensation carrier.
Almost makes one wonder if the Feds should hold onto a larger position for a while and shoot for $40 instead of the current price.
The Fed won’t hold the stock for two reasons. One is political, the government doesn’t want to be seen as holding capital in a public company any longer than is necessary. Two is that part of the reason why the stockl is estimated to rise in value is the AIG buyback of those capital shares. If the fed doesn’t sell, there is no buyback, and no rise in value to $40.
There has been no progress at Chartis, only a name change. Does anyone doubt that Goldman & or it’s clients{in concert with the Fed} are looking to sell their AIG shares before the next crash?
Perhaps a concern for increased profitability is the reason behind our medical practice not receiving payment from Chartis for nearly the last year; them sighting ridiculous reasons why the claims should be denied just to not pay them. We are looking at a large turn-away of longtime patients just because they work at a local factory that employs Chartis/AIG as their workers compensation carrier.