September 12, 2012
Is AIG (NYSE: AIG ) a good buy for Wall Street? The underwriters of the Treasury's $18 billion AIG stock sale earlier this week exercised their options to buy $2.7 billion worth. This included Citigroup (NYSE: C ) , Deutsche Bank (NYSE: DB ) , Goldman Sachs (NYSE: GS ) , and JPMorgan Chase (NYSE: JPM ) .
Although too-big-to-fail investing in too-big-to-fail brings up some concerns, Fool analyst Anand Chokkavelu thinks it could be a good deal for the banks. see the following video below. (Note that the video was filmed before the underwriter option exercises).
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