U.S. Treasury in No Rush to Unload General Motors (GM) Shares, Good News for Holders - Cramer

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U.S. Says AIG (AIG) "Profit" Hits $15.1B

September 11, 2012 2:50 PM EDT

The U.S. Treasury said it has made positive return $15.1 billion on AIG (NYSE: AIG) after today's stock offering.

Press Release from U.S. Treasury:

OVERALL POSITIVE RETURN ON $182 BILLION AIG COMMITMENT DURING FINANCIAL CRISIS REACHES $15.1 BILLION AFTER TREASURY ANNOUNCES $2.7 BILLION IN ADDITIONAL EXPECTED PROCEEDS FROM AIG COMMON STOCK SALE

Today, the U.S. Department of the Treasury announced that it expects to... More

Treasury Prices 553.8M Shares of AIG (AIG) at $32.50/Sh

September 11, 2012 6:46 AM EDT

American International Group, Inc. (NYSE: AIG) announced that the U.S. Department of the Treasury has priced an offering of approximately 553.8 million shares of its AIG common stock at the initial public offering price of $32.50 per share. Treasury has also granted a 30-day option... More

AIG (AIG) Stock Offering Pricing Said to be $32.50/Share

September 10, 2012 5:16 PM EDT

There is chatter after the close that the U.S. Treasury pricing of its massive AIG (NYSE: AIG) stock offering is $32.50 per share.

On Twitter, Doug Kass said:
AIG Pricing $32.5 #stockaction $AIG... More

U.S. to Become Minority Shareholder in AIG (AIG) Following $21B Stake Sale

September 10, 2012 9:36 AM EDT

American International Group (NYSE: AIG) is lower Monday morning following a late-Sunday announcement that the U.S. is looking to sell another $21 billion of its stake in the... More

U.S. To Sell Up to another $21B in AIG (AIG) Stock

September 9, 2012 7:05 PM EDT

The U.S. Treasury is selling another large slug of AIG (NYSE: AIG) common stock it acquired during the 2008 bailout of the large insurer. AIG itself buying up to 28 percent of the new offering.

AIG announced late Sunday that the U.S.... More