Friday, January 11, 2013

AIG considers suing U.S. Government for 25 Billion

It appears that AIG is planning to sue the U.S. Government for 25 Billion dollars. They didn't like the high interest rates the U.S. charged for keeping them in business rather than letting them go bankrupt like would have happened otherwise. The only reason the U.S. propped up AIG is because it would have caused financial armageddon planet wide if they hadn't. Most people think it is nuts that AIG would consider sueing the U.S. government.

here is a news article on this:

  1. A Heaping Helping of Chutzpah: AIG Considers Suing the US Government For Bailing It Out


    TIME ‎- 1 day ago
    Hank Greenberg, former chairman and chief executive officer of American International Group Inc., pauses during an interview in New York on ...
  1. U.S. News & World Report‎ - by Danielle Kurtzleben‎ - 1 day ago

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