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 Post subject: AIG mulls over suing federal government
PostPosted: Tue Jan 08, 2013 11:59 am 
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http://dealbook.nytimes.com/2013/01/07/rescued-by-a-bailout-a-i-g-may-sue-its-savior/

Quote:
The board of A.I.G. will meet on Wednesday to consider joining a $25 billion shareholder lawsuit against the government, court records show. The lawsuit does not argue that government help was not needed. It contends that the onerous nature of the rescue — the taking of what became a 92 percent stake in the company, the deal’s high interest rates and the funneling of billions to the insurer’s Wall Street clients — deprived shareholders of tens of billions of dollars and violated the Fifth Amendment, which prohibits the taking of private property for “public use, without just compensation.”


or in other words:


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 Post subject: Re: AIG mulls over suing federal government
PostPosted: Wed Jan 09, 2013 11:53 am 
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Heeeerrrrree's JACKY!
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Whoa. That is ... wow.

I want to say I am surprised at this. But I am not.

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