2012-08-24americanbanker.com

"People will debate forever if the bailouts worked and how they should have happened, but you can say the Treasury has been a good owner of AIG," Josh Stirling, an analyst at Sanford C. Bernstein & Co. said in a telephone interview. "These auctions are good for the Treasury because the Fed selling its interest in Maiden Lane III has allowed AIG to raise liquidity, with which it can support the Treasury by buying back stock."



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