Sorkin: AIG’s Successful Plot Twist

Written by Pat's Papers | Tuesday, 11 September 2012 7:16 AM


Andrew Ross Sorkin has an interesting column on AIG in the New York Times this morning. He says there was something unique about the plot twist involved in AIG’s bailout—it actually worked. He’s talking about the Treasury Department’s announcement this week that it plans to sell $18 billion of its stake in AIG, “a feat that nobody — including Treasury Secretary Timothy F. Geithner — anticipated four years ago at the peak of the crisis during the $180 billion bailout of the company.”

SOURCE: New York Times

Share This Story

Tracker Pixel for Entry
 

 

Enter address below to get the morning headlines in your inbox (more details)

New on the Blog

What if ‘In the Papers’ Became ‘In the Women’s Magazines?’

What if ‘In the Papers’ Became ‘In the Women’s Magazines?’

Ali Wentworth asked Pat to do a NY1-style summary of some headlines from Cosmo and Self magazines during their Q and A.

New on the Story Stack

Links from our Sponsors

Popular Posts


Pat Kiernan's Facebook profile

Links

Favorites

U.S. Newspapers

International Newspapers

News