AIG COO Buys in 15CPW for $8.1 M.
Courtesy of 15 CPW.
Rodney O. Martin, the chief operating officer of insurance behemoth AIG, has bought Unit 3B in 15 Central Park West for $8.1 million, according to a deed filed with the city.
Also, a deed shows that Anne M. White paid $13.1 million for Unit 32D in the new condo building.
16 Park Avenue
"On the corner of Park Avenue & 35th Street, in the heart of Murray Hill... " More details |
|
I wonder if these ex COO OR CEO have that kind of money to snap up properties in range of $3m to $8m IN CASH !!! but the average man in the street can't even hold on to one house even with mortgage, one wonders what kind of capitalism we are facing nowadays!!!
And today AIG is in trouble, believe problem was there for at least a year or more, not caused last month.
Also, on the $85B lifeline from the FED, I read in papers, AIG has assets worldwide worth almost a trillion (I think I read that), so, if there have the assets why need FED assistance of $85B ? Now that FED already assisted, will AIG pay by selling those assets ?