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To those that think the fair value is much lower than 8 dollars, you sound like the bush administration buying stakes in AIG and C
US treasury Made $30 billion on AIG and $20 billion on Citi.........GM losses?, well who knows where the losses will end. It has to go to $70 to break even from $27.50 Maybe $20 billion.
Sentiment: Strong Buy
The dollar was devalued significantly in the time between the bailouts. It's not an apples to apples comparison
Obama named Time magazine's Person of the Year