December 11, 2012


Treasury sells remaining AIG shares (James O'Toole and Aaron Smith, December 11, 2012, CNNMoney)

The Treasury Department said Tuesday it had agreed to sell the last of its shares in insurer AIG, resulting in what it says is a $22.7 billion profit on one of the key bailouts of the 2008 financial crisis.

All those pundits who said the danger of TARP was that it might work too well were right.

Posted by at December 11, 2012 4:04 PM

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