This topic focuses on the U.S. financial markets. We periodically cover international markets.
AIG’s Alleged Plan to Exit Govt Ownership Is a Farce
AIG’s Alledged Plan to Exit Govt Ownership Is a Farce. A 09-14-2010 article published by Reuters discussed how AIG is allegedly formulation a plan to exit government ownership. This is prob about as misleading of an idea as GM claiming they paid back all their loans to the U.S. Treasury.
This is really nothing more than another media blitz trying to confuse people that headlines are not the story. What makes this headline and AIG idea misleading is that is suggests to the public that AIG will not longer be under government control or ownership. Nothing could be more further from the truth. (read more)…