Taxpayer-rescued AIG decides not to sue U.S.

01/10/2013 | Sydney Morning Herald (Australia), The

American International Group has elected not to join a lawsuit by its former chief challenging the terms of the U.S. bailout it received beginning in 2008. Word that AIG was considering such a move raised a public furor, and ultimately, said current CEO Bob Benmosche, "it is not acceptable socially for AIG to have taken this money and to think we can go back and sue the government."

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Sydney Morning Herald (Australia), The

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