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American International Group, Inc. Message Board

  • ilirian97 ilirian97 Aug 28, 2009 4:18 PM Flag

    Prince of Arabia buying Shares of AIG??

    See this Video from Forbes with The Prince of Arabia back in May 2009.

    He hinted he would buy American Financials at their lows. AIG is now only $2.50/shr pre-reverse split of 1-20. So its still barely off the bottom even though its at $50/shr

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    • Maybe the prince of Arabia can help Udvar-Hazy buy
      ILFC, which Udvar-Hazy founded in 1973 and took public 10 years later, will have revenue this year of about $5 billion. Net income for the first nine months was $913 million, up 39 percent from the same period last year, he said.

      Total assets have topped $50 billion for the first time, he said. The company had assets of $6 billion when bought by AIG. At the end of last year, total assets per employee were $262 million, up from $225 million in 2004. The goal for total assets per worker is $300 million for 2009, he said.

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