The Treasury Department announced that it will sell of about $18 billion worth of shares of AIG they had purchased. The government purchased the shares in an attempt to bail out the floundering insurer.
Further Reading:
- http://www.businessweek.com/news/2012-09-09/u-dot-s-dot-to-become-minority-aig-shareholder-with-18-bln-sale
Further Reading:
- http://www.businessweek.com/news/2012-09-09/u-dot-s-dot-to-become-minority-aig-shareholder-with-18-bln-sale