you are viewing a single comment's thread.
Pimco is not buying stock brainless, they are buying bonds of the aircraft leasing company, bonds which are secured by the aircraft.
dimwit, who owns the aircraft leasing company? You don't want to mention that it's owned by AIG. Is the leasing section listed as a separate entity on Wall Street? You must be clever.
the leasing company is a subsidiary of AIG and not listed separately.Now mr. bartleby, tell me this: if PIMCO buys some bonds of the leasing company, how much of the money Pimco pays for the bonds goes to AIG?be clever.