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AIG Wants To Sue Government After They Bailed Them Out

AIGBy Victor Trammell

One of the biggest recipients of the taxpayer bailouts given after the 2008 crash of the stock market is preparing to sue the very same government that awarded all the money received.

AIG is one of the companies America decided was “too big to fail” after the economic collapse that occured right as President George Bush Jr. was leaving office. It eventually became public policy (at the expense of the American taxpayers) to “bailout” AIG and other very large companies who were largely responsible for the dire economic situation America was in at the time. So when the bond amount was determined  to set AIG free from its self-inflicted financial incarceration, the government paid up. The tune of the bill: $182 billion.

Read Original Article At Black Blue Dog

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