Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, December 18, 2012

Treasury Sells Off Last of AIG Common Stock

U.S. Treasury is no longer a shareholder in AIG common stock, down from 1.655 billion shares (92 percent of outstanding common stock) in January 2011. The Treasury announced the last sale of its shares.  According to the press release, Treasury and the Federal Reserve have fully recovered the combined $182.3 billion they committed to stabilize AIG during the financial crisis – with an additional $22.7 billion positive return.

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