U.S. Treasury will sell its last shares of AIG

12/10/2012 | Los Angeles Times (tiered subscription model) · Bloomberg

The U.S. Treasury Department plans to sell its remaining 15.9% equity stake in American International Group. After selling 234 million shares, the government will still hold an undisclosed number of warrants but will cease to be an owner of the company. The transaction closes the books on one of the largest and most fiercely criticized rescues of the financial crisis.

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Los Angeles Times (tiered subscription model) · Bloomberg

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