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Friday, November 15, 2024

AIG, saved by US bailout, now considers suing US government

AIG, saved by US bailout, now considers suing US government (via The Christian Science Monitor)

The directors of insurance giant AIG plan to meet Wednesday to consider joining a lawsuit against the US government, arguing that federal officials imposed unfair terms on the company while rescuing it from collapse during the financial crisis. On its face, the idea sounds preposterous. Had American…


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