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AIG Is Thinking About Suing
the Government for Bailing It Out

Atlantic Wire, by Adam Clark Estes

Original Article

Posted By:US Veteran, 1/8/2013 1:00:51 PM

It´s been almost five years since AIG´s stock dropped 60 percent in a day leaving the company doomed to failure, when Uncle Sam swooped in with $182 billion to rescue it. But AIG must have a short memory, because on Monday night news emerged that the insurance company is actually thinking about suing the U.S. government over the bailout that saved it. The board will discuss the idea with shareholders at a meeting on Wednesday. RELATED: The U.S. Made $22 Billion Bailing Out AIG It´s not so much that AIG´s mad the government bailed them out.
Link repaired by staff

      


Post Reply  

Reply 1 - Posted by: unagator, 1/8/2013 1:05:19 PM     (No. 9105217)

AIG was bailed out to save Goldman Sachs, not AIG.

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Reply 2 - Posted by: mitzi, 1/8/2013 1:15:33 PM     (No. 9105236)

I´m on Greenberg´s side on this one. I´m an AIG fan.

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Reply 3 - Posted by: Feebie, 1/8/2013 1:34:41 PM     (No. 9105280)

AIG = Chartis

Just sayin´

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Reply 4 - Posted by: Country Boy, 1/8/2013 1:37:04 PM     (No. 9105286)

I thought the timeline was the NY Attorney Elliot "Client 9" Spitzer was trolling for votes when he casually bullied the AIG founder from is office (Greenberg) from his office. No charges were ever filed. Then when the derivatives crash happened the guy at AIG who put the portfolio together was no longer there.

Thanks "Client 9" Spitzer.
How´s your latest career doing?

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Reply 5 - Posted by: mitzi, 1/8/2013 1:40:14 PM     (No. 9105291)

#3 - Chartis is just one of the AIG companies.

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Reply 6 - Posted by: ColonialAmerican1623, 1/8/2013 11:17:40 PM     (No. 9106179)

$182 million could have made a dent in the national dept or helped the taxpayers footing the bill for all of it.

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Reply 7 - Posted by: ColonialAmerican1623, 1/8/2013 11:18:18 PM     (No. 9106181)

Sorry for typo ´debt´

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