Believe it or not - Former AIG CEO Sues Government Over Bailout

Former AIG Exec Sues U.S. Government Over Bailout

This piece of work, former AIG corporate suit CEO Maurice "Hank" Greenberg is filing a lawsuit accusing the US government of taking valuable assets without fair compensation in exchange for the government's 80% stake in the company.

While her Greenberg has a fair argument, many shareholders were hurt, however they company wouldn't have needed bailing out in the first place if it wasn't run the way it was. Sorry Mr. Greenberg, but since the government generously handed over billions of dollars to save your previous corporation they are entitled get a return on their money, because they are in effect the largest shareholder.

Good luck on this suit, we'll see if it ever sees the light of day. Believe it or not, this is true!