#AIG sells aircraft leasing business to #ILFC for US$4.8bn, substantial loss incurred; AIG has no non-core assets left tinyurl.com/d4egmj5— Asad Yawar (@Mediolana) December 10, 2012
Filed under Business
Tagged as Airbus, aircraft leasing, American International Group Inc, Ascend Advisor, Boeing, China Aviation Industrial Fund, ILFC, Industrial and Commercial Bank of China, New China Trust, P3 Investments Ltd
You wonder who gains when the Chinese buy up US assets. Clearly the American public do not as their country’s infrastructure is bought out and run in a way that might not be in their best interests. But someone pockets the money.
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