Tata AIG is featuring in what could easily be one of those record share sales in the history. Manhattan on Thursday saw many of the top bankers gather to get associated with the sale by grabbing themselves the prestigious managing job of such a humongous sale that could amount anything near the 20 billion dollar mark for AIG and along with it cut-rate fee and a part of the trading profit. What more the one to grab the job will be in line for getting underwriting business in future from the insuring company.

The deal hitting the 20 billion dollar mark will see those who are selected earn a fee of around seventy five basis points that comes to 150 billion is what a source associated with the situation had to say. If something like this happens, AIG offering would be amongst ten biggest share sales in the history.

The meeting was provided tight security with the guards keeping a close eye on all the entrances of the building and attempting to block passers-by and reporters from viewing the entrance and exit of the bankers.

Those attending the New York meeting had Mr. Jamie Dimon, Chief executive for JP Morgan declined to comment on the how the meeting went. Similar to him was Mr. James Gorman, the CEO, Morgan Stanley. The banker's on his team was seen carrying thick folders of blue colour with the U. S. flag on it, while one of his colleagues was seen with a bag filled with folders. Their appearance was grossly unusual thus indicating at the marquee nature that the meeting is conceived to have. Generally such a meeting would see the Banks sending the sector specialist or any other executive but the sending of the CEOs gives the deal unparalleled prestige and also signifies the commitment of the Bank to win the mandate.