Exact(14)
Return on average common shareholder equity, a measure of profitability, rose to 15.1percentt from 14percentt.
The government has the biggest stake in A.I.G., and the biggest common shareholder is Mr. Greenberg and a group of entities he controls.
Dick Parsons, Citi's chairman, has been openly looking for new board members for some weeks.As a common shareholder, the taxpayer will be taking more risk.
For institutions in which the federal government becomes a common shareholder, we will seek to maximize value for taxpayers and enable these companies to attract private capital, thereby reducing government ownership as quickly as possible.
On the other side, he said Fannie and Freddie "will no longer be managed with a strategy to maximize common shareholder returns, a strategy which historically encouraged risk-taking".
He and a group of companies he controls are still the largest common shareholder, although the federal government took an 80percentt interest when it first rescued the company a year ago.
Similar(42)
Only the common shareholders lose.
The rescue of Bear Stearns wiped out the common shareholders.
When AIG was saved, only the common shareholders suffered.
Net income applicable to common shareholders rose 12 percent, to $2.88 billion.
Earnings for common shareholders includes expenses for making payments to preferred shareholders.
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