Avoiding Outrage, AIG Rejects Suit Against U.S.
AIG was legally obligated to consider joining the lawsuit being brought against the government by former AIG Chief Executive
The prospect of AIG joining the lawsuit had already triggered outrage. A congressman from
AIG was rescued from the brink of collapse by the U.S. government at the height of the 2008 financial crisis. The insurance company nearly imploded after making huge bets on mortgage investments that later went wrong.
The company currently has an ad campaign themed "Thank You America."
|Copyright:||(c) 2013 The Associated Press. All rights reserved.|