At the same time as AIG thanks America, quite literally, in new ads boasting about the company’s repayment of its $182 billion bailout by the taxpayers, its board is reportedly getting ready to decide whether or not to jump on a $25 billion lawsuit filed by AIG’s former CEO against the U.S. government. [More]
Fresh Off Paying Back Bailout Money, AIG Thinks About Suing U.S. Government
By January 8, 2013
Former AIG CEO Sues U.S. Government For $25 Billion Over Takeover
By November 21, 2011
The one company that will forever be linked to the financial meltdown in the final years of the last decade is AIG (or American International Group, if you’re not into the whole brevity thing), which was bailed out and then effectively taken over by the U.S. government. Now a company led by AIG’s former CEO has filed suit against the feds, alleging that said takeover was unconstitutional. [More]
