On Thu, 25 Sep 2008, John Williams wrote:
> Bruce Bostwick <[EMAIL PROTECTED]>
>
>
>> 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.)
>
> It is ironic, but I believe the point was that there was no need for the
> government to get involved in the first place, since the private sector
> is now talking about injecting more capital. Silly government!
I was wanting a "Trix are for kids!"-type line right after that.
Anyone?
Julia
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