AIG will not join shareholder suit against Uncle Sam
January 10, 2013 - 03:45 PM
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On Wednesday, American International Group decided against suing the federal government over the $182 billion bailout that saved them from collapse.
The suit, brought by former AIG CEO Maurice "Hank" Greenberg, claims that the terms of the taxpayer-funded bailout were too onerous.
Danielle Douglas, financial reporter for The Washington Post, discussed that and other topics on Capital Insider.
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