Who objectively determined that these shares were sold at a premium? What hard evidence is there that this was a premium price? Could the offering, have been purposely low to achieve this headline? No, of course not!
AIG is a crony capitalist company, similar to GM that will say anything & do anything as they control their regulators. AIG is continuing to fail to make a profit in their traditional insurance
business & is again going down the rabbit hole of financial products of all kinds that got them in to trouble in the first place.
Who objectively determined that these shares were sold at a premium? What hard evidence is there that this was a premium price? Could the offering, have been purposely low to achieve this headline? No, of course not!
AIG is a crony capitalist company, similar to GM that will say anything & do anything as they control their regulators. AIG is continuing to fail to make a profit in their traditional insurance
business & is again going down the rabbit hole of financial products of all kinds that got them in to trouble in the first place.