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Inside the economic crisis, brand new government’s complete help getting AIG totaled everything $182 mil
Central Palms HotelAIG Program Reputation
One included almost $70 mil one Treasury the amount of time using TARP and you can $112 million the full time of the Federal Reserve Lender of the latest York (FRBNY).
When you look at the , Treasury ended up selling its kept 234,169,156 shares out-of AIG preferred stock in the an underwritten social giving for aggregate continues around $seven.6 million.
You.S. Agencies of your Treasury
Providing impression compared to that profit, the entire confident get back toward Federal Set-aside and you may Treasury’s combined $182 million commitment to balance out AIG into the overall economy was today $22.eight mil, that have Treasury realizing a positive go back away from $5.0 mil additionally the Government Put aside recognizing an optimistic come back of $17.eight billion.
As an element of their complete $5.0 million self-confident return to big date, Treasury realized good $4.step one million positive return on the its popular stock holdings and you may a good $0.9 mil confident come back to the the popular stock holdings. Within the Federal Reserve’s $17.7 mil confident return to big date is actually an effective $six.8 million self-confident return to the Government Put aside Financial of the latest York’s (FRBNY) fund in order to AIG; a great $step one.cuatro million self-confident get back into the popular passions on the AIA Aurora and ALICO special-purpose vehicles you to definitely stored AIG’s biggest international existence insurance rates subsidiaries; and you will a mixed $nine.5 billion confident return towards the Maiden Way II & III special purpose auto. Continue reading “Inside the economic crisis, brand new government’s complete help getting AIG totaled everything $182 mil”