September 12, 2012
Earlier this week, the Treasury recently announced plans to sell a huge portion of its AIG (NYSE: AIG ) stake, dumping $18 billion of AIG stock before underwriter options -- roughly the size of Facebook's (NASDAQ: FB ) IPO. All told, this will bring the government's ownership percentage down below 20%. Senior analyst Anand Chokkavelu says this is good news and that AIG is "one step closer to freedom." See the following video for more.
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