AIG considering joining lawsuit claiming bailout unconstitutional

Print
Email
|

by KMOV.com Staff

KMOV.com

Posted on January 8, 2013 at 5:17 PM

Updated Tuesday, Jan 8 at 6:48 PM

 

(KMOV.com) -- Insurance Group AIG is reportedly considering suing The United State government.

The company may join a shareholder lawsuit, which claims the bailout was unconstitutional and cheated shareholders out of billions of dollars in profits.

The board of AIG will meet Wednesday to decide whether to join the lawsuit. The insurance firm received a $182 billion bailout in 2008, and just rolled out a new advertising campaign thanking american taxpayers.

  

Print
Email
|