After the financial crisis of 08, the majority of major companies have been on the giving medications life support. The majority of the political relations investments argon in affirms, with over $245 million in to a greater extent(prenominal) than 700 vernaculars. not lone(prenominal) in just banks though, the government in any case invested in umteen opposite companies such as AIG, Fannie Mae, Freddie Mac, and General Motors. The majority of this phrase negotiation about the insurer AIG, and their progress from the bailout in 08. AIG was the governments largest individual bailout with $182 jillion in committed aid, only when it has also had the best come masking with its stocks rising more than than 47% this year alone. But although it is recovering nicely, it is still down more than 95% from the levels in the year before the bailout. Since May of 2011, the treasury has made several different sales of shares but this is unimpeachably the largest, leaving the ir stake at about 53% from their real 93%. Because of the timing of the selling, some people see this as a political planning by the Obama administration. But as it is, it doesnt necessarily matter if it is or isnt a part of political planning, because it shows that AIG has recovered enough to buy derriere nearly $5 billion worth of their own shares from the government.
non to mention that the treasury is selling an additional $10 billion dollar worth of shares for the American public to purchase and terminate the companys stocks. Even though AIG is one of the largest companies that government bailed out, it d efinetly wasnt the only one. The treasury ba! iled out over 700 banks for more than $245 billion. And the treasury has collected over 264.7 billion dollars back from these bank course of studys. Proving that the bailout program was in fact a advantageous program because the government not only kept the American preservation going, but also received back billions of dollars in usefulness from loan interest. AIG is officially beginning to make a lavish recovery from the 08 bailout. The treasury now only holds...If you indispensability to model a full essay, order it on our website: BestEssayCheap.com
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