This is great, and Liddy hinted at it in the CC! Below is the transcript on that subject:
John Levin - Levin Capital, asked:
But the 79% ownership is the huge equity transfer value here that I would hope could possibly be scaled with the kind of look back depending on results?
Edward M. Liddy - Chairman and Chief Executive Officer replied:
Yes, John right now, the deal is... what the deal is, not fixed in concrete forever. As you can see the movement we made from the first transaction to the second one, is a rather quantum improvement. We'll continue to do everything we can to put AIG in the best possible position.
Now I am very confident that AIG will not go down like a lot of people on this board wishes. It already hit the bottom and will climb
up slowly but surely. I belive it will be around $3.00 by January.