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Diamond Hill Capital Comments on AIG

October 23, 2012 | About:

Property and casualty insurer American International Group, Inc. (AIG) disposed of nearly all of the troubled exposures which impaired the company's value during the Financial Crisis, and its core insurance operations appear to be regaining its strong competitive positions. With the latest Treasury sale, the government is down to 16% ownership in the company, and all U.S. government debts have been repaid. The shares were purchased near the end of the quarter.

From Diamond Hill Capital's Third Quarter Large Cap Fund Commentary.


Rating: 2.2/5 (5 votes)

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