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What???????????????

Posted: Wed Jan 09, 2013 6:05 am
by snakeoil
AIG is considering Wednesday whether the company should join a lawsuit against the government that spent $182 billion to save it from collapse.

American International Group Inc. said its board of directors will weigh whether to take part in a shareholder lawsuit against the U.S. over the government's $182 billion bailout of the New York-based insurer.

If AIG decides to join the complaint, which seeks $25 billion in damages, it would pit the company against the government that in 2008 kept it from buckling under the weight huge losses on mortgage-backed securities and other toxic assets.

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AIG said that after Wednesday's meeting, its directors should have a decision by the end of the month.

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Re: What???????????????

Posted: Wed Jan 09, 2013 10:19 am
by BilboBagend
There is no limit to the greed and entitlement of some powerful wealthy. who have only their own aggrandizement and wealth in mind at all cost to all others. AIG will not join the suit, but only because it is extremely bad marketing.

Re: What???????????????

Posted: Wed Jan 09, 2013 10:33 am
by snakeoil
I wouldn't have the guts to even propose something this stupid.

Re: What???????????????

Posted: Wed Jan 09, 2013 11:02 am
by BilboBagend
You obviously don't know many people in the finance industry or woth the Manhattan wealth in their eyes attitude. It's not rare at all.

Whatever works. EOS!