After we bailed them out and saved their asses, AIG is wanting to sue the American Government. What is your take on this?
Civil Suit, I think would work, BUT, A person would need The Best Law Firm In The United States, Don't ya think.
If I am Not Mistaken,,,, This is still in the Books, and will stand in any Court.
Well, AIG's board just voted not to pursue the suit - "they just launched an entire publicity campaign around the idea of “Thank you, America,” full of patriotic themes and proud assertions of the fact that the insurer has now returned all its bailout money to the Treasury at a profit to taxpayers. Trying to get some of that money back would surely have undermined the campaign. The other result of AIG’s decision not to join the lawsuit: Greenberg is now on his own in what may be a quixotic pursuit." (well I learned something new ! quixotic = Exceedingly idealistic; unrealistic and impractical ) http://www.washingtonpost.com/blogs/won … -universe/
My take? The government needs to learn a lesson here - where does it say in the constitution they get to pick winners and losers? And are they above the law? If they broke the law in saving AIG how can they be brought to account unless they can be sued? And shouldn't the voter know that their government is breaking the law and who in government is accountable (or not)? How stupid is the government anyway, to stick it's neck out with taxpayer money without getting indemnified by the company?
Yeah, I can't see AIG actually going forward with this--it'd be a PR disaster.
Heck, even considering whether to join the suit was a bit of a PR kerfuffle.*
If they'd gone forward with it, AIG's Board of Directors wouldn't be able to show their faces in public.
*A Kerfuffle is about 1/5 of a Disaster, or, in Metric terms two deci-disasters.
by Jackie Lynnley7 months ago
Which is worse? Hillary gaining millions from terrorists (they are supporting her candidacy with millions right now even) which has been proven or Obama giving billions to them? (Which has been proven and in cash at...
by Holle Abee6 years ago
Whatcha think??http://www.washingtonpost.com/wp-dyn/co … 03901.html
by Castlepaloma4 years ago
We all need licenses and insurance for a car, or home, even our dog and many of our jobs needs license and none were design to kill.About 80% of Americans own guns, but that's not enough. Do we really need more guns in...
by Sychophantastic8 months ago
It's amazing that this sort of thing is still coming up. It shows extreme desperation, but also extreme stupidity.http://talkingpointsmemo.com/livewire/c … ump-muslim
by Don W3 months ago
Trump may be in breach of the Lease Agreement for the Trump hotel in Washington. Trump doesn't own the building (the Old Post Office), which is leased from the government (General Service Administration). The lease...
by billchucks6 years ago
scientist have predicted wat the world is going to experience some 4 yrs time and America is doing nothing abt it. i hope the BP OIL SPILL will teach them one or two lessons
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.