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martingale

03/15/09 2:22 PM

#54 RE: stcapital #53

Oh what I meant by Q3 2011 was that we would have recaptured all the principle we paid for the shares by then and would be
riding free trading shares just collecting the dividends for the next 30+ years if all goes well.

Payout:
$1.92 per year x 30 years=$57.60

Its a sweet deal if AIG sticks to the terms of the debenture.