AIG stock up 84% so far today.

[denem]

As at 2pm, now worth a whole 92c each.
http://www.google.com/finance?q=NYSE:AIG

As a side note, AIG is also 81% publicly owned.

:party: :toast: :puke:

[rateyes]

1. Damn. I wish I had bought 100,000 shares yesterday.

I would have paid back my 100,000 loan, and made $84,000 dollars. Time for the government to sell. :evilgrin:

[denem]

2. Saying that you had bought 100,000 AIG shares

might lead you to an asylum, a prison, or a drive by shooting for starters.

[rateyes]

3. There are a few people who are a lot wealthier today than they

were yesterday, including the government. If we own 80% of AIG, then having it go up---even to just 92 cents a share from where it was yesterday is good news for the taxpayers.

[denem]

4. I agree - whole heartedly.

My ;oint was that private investors making money on AIG are probably a bit on the nose at the moment.

[rateyes]

6. I've got you now.

True that.

[Veritas_et_Aequitas]

5. The government probably bought at a higher rate than the public price when they bought.

That's what happened with Citigroup. I think Citi needs to move north of 3.25 for the government to see a profit on that.

[Initech]

7. So can we stop giving them free money yet?