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January 9th, 2013
06:16 AM ET

MYB: AIG may join lawsuit vs. U.S. govt.

Christine Romans is minding your business this morning with the latest on world markets and U.S. stock futures, which are flat ahead of the opening bell after markets closed lower yesterday. And outrage this morning over a lawsuit brought by the former CEO of a company American taxpayers had to save from the “verge of taking down the global economy with it because of stupid, stupid derivatives bets they made.” Romans says, “Today, AIG, the board will consider whether to join a lawsuit to sue the government for being bailed out.”

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Filed under: bailout • Banks • Minding Your Business • Stocks
soundoff (2 Responses)
  1. Take_them_on

    My adrenaline is shooting through me and burning like fire..I can't believe the gall of Greenberg's, and that the board of AIG would even consider to sue the government–which represents the tax payer, i.e. YOU AND ME. Countless people and businesses are still struggling and many have failed because of the financial crisis that we ALL went through. AIG made it (thanks to YOU AND ME), and they're still not happy?! This is abominable, revolting, and what a slap in the face for all of us who forked out our money to save them!!!

    January 9, 2013 at 1:43 pm | Reply
  2. kev

    Every struggling working American has one question: WHERE'S MINE?
    A: YOU aren't TOO BIG TO FAIL. YOU are just a 'taxPAYER', NOT a giant corp with political connections.
    AIG should have went thru bankruptcy just like GM ($40 BILLON tax write-off NEVER to be paid back.) and Chrysler should have gone thru bankruptcy.
    Now we reap what we have sown.

    January 9, 2013 at 9:08 am | Reply

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