Former AIG CEO Sues U.S. Government For $25 Billion Over Takeover

Former AIG CEO Sues U.S. Government For $25 Billion Over Takeover

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]