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Posted

Just kidding.   ;D  Early accrual on April Fools Day joke.  Seriously, they just raised their stake in AIG to 26%, plus they also hold about $2 B in other securities throughout AIG's capital structure.

Posted

I believe a mutual fund can easily elect out of mutual fund status.  Tough to go back though.

 

Maybe your joke will become reality - JOE / AIG - these are some large positions. 

Posted

Thats not fair. I was slightly excited when I saw it on the RSS and wanted to know the details. I need some other hobbies lol.

 

hahaha. I was a little intrigued too.

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