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AIG value drop of $214 billion draws lawsuit 'Freedom Watch will not rest until justice is done'
WorldNetDaily ^ | March 28, 2009 | WorldNetDaily

Posted on 03/28/2009 5:52:02 AM PDT by OneHun

A lawsuit has been filed by a public interest law firm, Freedom Watch USA, on behalf of shareholders of American International Group who have watched the value of the company plummet by some $214 billion.

The class action lawsuit filed in federal court in Los Angeles is a "wide reaching" claim that will do what Congress cannot, said Freedom Watch USA founder Larry Klayman.

"Today, the American people, not the compromised ruling elite in Washington, D.C., have begun a second American Revolution to take the country back from the con men on Wall Street, and on Pennsylvania Avenue – who under successive administrations played a central role in the meltdown of the U.S. financial system and economy," Klayman said.

(Excerpt) Read more at worldnetdaily.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: aig; bailout; freedomwatchusa; lawsuit

1 posted on 03/28/2009 5:52:03 AM PDT by OneHun
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To: OneHun

</i>”..what Congress cannot”</i>

Duh. You can’t do what you’re paid not to. Unless you don’t like your job as a Congresscritter, of course.


2 posted on 03/28/2009 6:03:36 AM PDT by Wolfie
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To: OneHun

When Klayman was with Judicial Watch we saw many of these high profile lawsuits but nothing ever came of them except another round of fund raising.


3 posted on 03/28/2009 6:04:11 AM PDT by Mind-numbed Robot (Not all that needs to be done needs to be done by the government)
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To: Mind-numbed Robot
Maybe time to ask Klayman what is the status of all those previous lawsuits. Just another con game?
4 posted on 03/28/2009 6:08:03 AM PDT by Leo Carpathian (fffffFRrrreeeeepppeeee-ssed!)
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To: OneHun
con men on Wall Street, and on Pennsylvania Avenue – who under successive administrations played a central role in the meltdown of the U.S. financial system and economy,"

He at least got that part correct. But it should be, Wall Street, K street and congress street. Not to mention the presidents wanting the American dream of home ownership, even if they couldn't pay for it.

5 posted on 03/28/2009 6:44:27 AM PDT by org.whodat (Auto unions bad: Machinists union good=Hypocrisy)
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To: OneHun

Thanks Larry. But the only successful “second American revolution” will be fought with bullets and for keeps, not in courts with Clinton appointees ruling in favor of the left as usual.


6 posted on 03/28/2009 7:59:29 AM PDT by Oldpuppymax (AGENDA OF THE LEFT EXPOSED)
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