On Sep 24, 2008, at 9:03 PM, John Williams wrote: > We had AIG turn down three offers to buy the company because they > thought they would get a better deal from the government. It turned > out they didn't get the better deal from the government. Now the > stockholders suddenly woke up and said -- the major stockholders > said, "We'd like to buy the company."
Except they're not major stockholders anymore. Private ownership is onlt 20% of AIG's stock now, the Fed owns 80% and thus can veto any shareholder buyout if it wants to. (Unless that changed in the past few days and I missed it.) "I don't know what kind of salad it is. I'm eating a salad, okay? I'm doing it. Do I have to know the names? There's no difference between them. It's a bowl of weeds. Some of 'em have cheese. This isn't the kind with cheese. Does that answer your question?" -- Toby Ziegler _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
