Latest Breaking News

hughee99

(16,113 posts)

30. Well then, they're businessmen, they should have negotiated a better deal.

Tue Jan 8, 2013, 11:35 AM

Jan 2013

The AIG investors should sue the management for putting the company in such a bad position that they couldn't "get a better deal" from the government, or in such a bad position that they needed the bailout at all. Or maybe their investors should just realize that the reason they were making big profits before the crash was because they were borrowing against the soundness of their own investment. The more money they made on the fees from the AIG mortgage insurance, the more their investment was in potential danger of collapse.

Edit history

Please sign in to view edit histories.

54 replies

= new reply since forum marked as read

Highlight:

AIG Is Thinking About Suing the Government for Bailing It Out [View all] Justin_Beach Jan 2013 OP

Slimey weasel bastards bluerum Jan 2013 #1

Their recent Ad blitz saying "Thankyou" from employees to "America" ...sinks that ship nt. pkdu Jan 2013 #2

Not really Morganfleeman Jan 2013 #18

Agreed. This hits a nerve and it is very easy to understand. Hosnon Jan 2013 #27

HA! elleng Jan 2013 #3

Please tell AIG they forgot to add the sarcasm tags think Jan 2013 #4

fuck greenberg and the horse he road on. as far as their claim, bullshit. It was a time of crisis, still_one Jan 2013 #5

Those fuckers. Talk about chutzpah! Flatulo Jan 2013 #6

Fuck AIG. I would have let them crash and burn than propping up a system that is RKP5637 Jan 2013 #7

charge them under the RICO Act Angry Dragon Jan 2013 #9

I guess that is one way to make sure there is never another bank bailout .......... Angry Dragon Jan 2013 #8

Until Glass-Steagall was repealed under Clinton dotymed Jan 2013 #23

Clinton should have never let Glass-Steagall be repealed awake Jan 2013 #29

Repealing Glass-Steagall meant easy money for the construction boom... Larry Ogg Jan 2013 #52

Ummm... theres a problem with that... Veilex Jan 2013 #10

I agree, they accepted the deal The Second Stone Jan 2013 #12

People Are Thinking the Government Should Have Put AIG Executives on a Leaky Boat to China jsr Jan 2013 #11

Did you know AIG started in China? grahamhgreen Jan 2013 #20

Did you know that AIG owns Stowe Mountain Resort? cali Jan 2013 #22

My solution would be to go into the boardroom davidpdx Jan 2013 #13

Time for an Occupy AIG? SoapBox Jan 2013 #14

WE really must grow "occupy" or a similar dotymed Jan 2013 #24

Ditto, ditto! SoapBox Jan 2013 #35

If the government hadn't intervened ... Justin_Beach Jan 2013 #15

Ask Joseph Cassano. longship Jan 2013 #16

We should all sue AIG BainsBane Jan 2013 #17

More Matt Taibbi BS!!! grahamhgreen Jan 2013 #19

Counter-sue for the rest. And their personal wealth. Festivito Jan 2013 #21

Well ... maybe a car Justin_Beach Jan 2013 #25

So how much will the government settle with them for? forestpath Jan 2013 #26

I don't understand John2 Jan 2013 #28

Well then, they're businessmen, they should have negotiated a better deal. hughee99 Jan 2013 #30

Gee, and their TV commercials say Turbineguy Jan 2013 #31

Here's their plan Kelvin Mace Jan 2013 #32

To the Obama cave with you. Yo_Mama_Been_Loggin Jan 2013 #42

hey AIG, didn't you accept the terms of the bailout? wordpix Jan 2013 #33

The big surprise is if they lose. nt valerief Jan 2013 #34

Sure sucks nykym Jan 2013 #36

Isn't that rich... EC Jan 2013 #37

I think a line in the article sums it up nicely: shareholders would have suffered far worse gateley Jan 2013 #38

re:AIG Is Thinking About Suing the Government for Bailing It Out allan01 Jan 2013 #39

I think somebody ought to be tarred and feathered for even considering such a thing. nt raccoon Jan 2013 #40

That takes a shitload of Chutzpah Yo_Mama_Been_Loggin Jan 2013 #41

Murder Your Parents Then Cry Because You Are An Orphan n/t HangOnKids Jan 2013 #46

Naitionalize, seize all assets, jail the fucktads dbackjon Jan 2013 #43

Lawmakers Warn A.I.G. Not to Join Lawsuit Against U.S. IDemo Jan 2013 #44

Thieves fighting over their share of the "take" - happens every time. Hassin Bin Sober Jan 2013 #45

UPDATES below Tx4obama Jan 2013 #47

They are doing this to prevent sharholder lawsuits..but it still looks like arrogant slimey BS underpants Jan 2013 #48

Will they include themselves for taking the bailout? nt and-justice-for-all Jan 2013 #49

I'm generally against capital punishment but this made me think twice. Kablooie Jan 2013 #50

I'm not sure who I should be angry with more... Oakenshield Jan 2013 #51

gawdamn the muthafuckers to hell. and I mean that all fire and brimstone hell, too. Tuesday Afternoon Jan 2013 #53

I'll refrain from thumping my chest in anger until we find out Beacool Jan 2013 #54