AIG: OK, We Won't Sue You, America
Board will not join shareholders' lawsuit
By John Johnson, Newser Staff
Posted Jan 9, 2013 2:34 PM CST
The AIG logo is shown in New York.   (AP Photo/Mark Lennihan, File)

(Newser) – AIG's board of directors has apparently decided that another onslaught of bad publicity isn't worth any price. American International Group decided today that it will not join a shareholder lawsuit against the government that bailed it out, reports the Wall Street Journal. That the board was even considering such a move, even while rolling out a "thank-you America" ad campaign, enraged critics this week. The lawsuit argues that terms of the bailout were unfair to shareholders, and the board agreed to hear a presentation about it today.

More From Newser
My Take on This Story
To report an error on this story,
notify our editors.
AIG: OK, We Won't Sue You, America is...
7%
2%
7%
3%
3%
78%
Show results without voting
You Might Like
Comments
Showing 3 of 23 comments
jfarley
Jan 12, 2013 5:46 PM CST
we were mor that fair with you jerks you were ripping us off got into trouble and cane to us to bail you out and we had no choise. All you want is money money money. Next time we wont be so pleasent. Most of the US Govt have loyalities to your company because they started out there. Their not loyal to the people.Remember we did not seek you out you cried to us dial 1 800 kiss my sniny metal ass
mvaldez449
Jan 10, 2013 9:42 PM CST
AIG, Freddy Mac, Fanny Mae, crooks of the first order. Most of those bastards should be in Jail. And they want to sue. I guess it puts "cajones" into a whole new meaning. BIG, Definitely! Oh, and don't forget that "maricon" Barney Franks indicating all is okay! Thank you so very much!
KooKooforCocoPuffs
Jan 10, 2013 11:35 AM CST
Yeah...ok, assholes....thank you so much, AIG. Fuck up again and you'll all be out in the unemployment lines with the rest of us.