The Feds provided AIG with an $85B loan and took a 79.9% stake in the company.

I have been trying to find details of how this was done. Does anyone know if AIG had to issue 4 times more stock than they had previously circulating? Or does this somehow mean that the same amount of sock is circulating, but those shareholders now only own 20.1% of the company?

I haven't seen anything that explains how this is operationalized. If anyone knows, I would appreciate an explanation.

Cheers,

Bluenoser