Within two years, AIG will be privately owned again, at least that’s what they predetermined in a plan they set up with their rescuers. Due to the credit crunch and the big financial risks they took, AIG had to borrow more than 120 billion dollars, a debt AIG wants to pay off as soon as possible. The plan consists of three main steps, which are: a 20 billion dollar repayment to the Fed, an interest refund on the Fed loan and a 12% stake increase (from 80% to 92%) by the Treasury. Time will show whether the sceptics (who estimate 5 to 10 years for the execution of the plan) or whether AIG will prove their right… (The Economist)
Mathias Goeminne
full stop after 'again'
BeantwoordenVerwijderendrop the second 'whether' in the final sentence
extra context needed: who is AIG?
L 1, F 2, C 1