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Oh THIS is rich, several of the companies, including AIG, that were part of the bailout are now putting together a lawsuit against the government claiming the bailout hurt shareholders. Epic facepalm.

Posted By: PDXUtefan
Date: Tuesday, January 8, 2013 at 04:20 pm

Woooooowwwww, these clowns are seriously considering joining this lawsuit after receiving $182 BILLION from the taxpayers to save their jobs? I can't believe this lawsuit is even happening, these companies received billions from the government just to save their sorry asses and now their claiming that the bailout has hurt their shareholders? Jesus Christ, you #%!@s are lucky you're even still in business.

AIG may join bailout lawsuit against U.S. government

<<Ignore PDXUtefan ] [PritnerPrint This Message ] >>

Messages In This Thread


PDXUtefan icon NEW: Oh THIS is rich, several of the companies, including AIG, that were part of the bailout are now putting together a lawsuit against the government claiming the bailout hurt shareholders. Epic facepalm.
PDXUtefan - -- Tuesday 8 January 2013, at 04:20 pm [ID# 1477425] [reply]
(13)
UtahUte72 icon NEW: I told you we should have let those guys go bankrupt.
UtahUte72 - Top 25 Poster -- Tuesday 8 January 2013, at 04:24 pm [ID# 1477426] [reply]
(8)
o NEW: Essentially the Govt did put AIG into Bankruptcy through a conservatorship. They did so as to minimize disruption to the markets and don't ignore the fact they made a $23BN profit on AIG. In contrast, they will never recover their investment in GM. (nm)
Biggest T - -- Tuesday 8 January 2013, at 04:27 pm [ID# 1477428] [reply]
(1)
UtahUte72 icon NEW: Unfortunately they didn't throw out the management at those companies. (nm)
UtahUte72 - Top 25 Poster -- Tuesday 8 January 2013, at 05:03 pm [ID# 1477445] [reply]
(3)
o NEW: They threw out the top guy, but kept the technical guys who originated the toxic Credit Default Swap stew, figuring that they shart the bed, they were the best to clean it. (nm)
Biggest T - -- Tuesday 8 January 2013, at 05:43 pm [ID# 1477461] [reply]
(1)
macktruck32 icon NEW: Threw him out with a platinum parachute. (nm)
macktruck32 - -- Tuesday 8 January 2013, at 07:17 pm [ID# 1477483] [reply]
(1)
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