AIG’s stock closed at $47.84 on Thursday. At the start of the month, shares were trading at a mere $13.14. What’s going on here?
Source: CNNMoney.com
Date: 8/27/2009
Keys: Banking, economy, investing
Link:Â http://money.cnn.com/2009/08/27/news/companies/aig_stock/index.htm?postversion=2009082716
Questions for discussion:
- Summarize the reasons given for the remarkable rise is AIG’s stock market value?
- What do you think of the government’s decision to help refinance AIG through preferred shares? Explain your thinking.
- Do you think the share value behavior would be different if the government ownership was through regular common shares? Explain your thinking.