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AIG's Greenberg Sues U.S. for $25 billion (Should Have Bailed Out AIG Instead of Taking It Over)
CNN Money ^ | November 21, 2011 | Aron Smith

Posted on 11/21/2011 2:21:58 PM PST by lbryce

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To: lbryce
claiming officials should have bailed out AIG instead of taking it over.

No, Hank. You and a lot of other companies should have had your asses kicked all the way into bankruptcy court. That is the proper place for the remaining assets to have been sold off to pay the creditors in their proper legal order and let the shareholders have nice shiny stock certificates to use for wallpaper.

In no way should the managers and shareholders been bailed out or some politically connected bondholders been given priority over others of equal or greater legal standing.

21 posted on 11/21/2011 10:23:29 PM PST by KarlInOhio (Herman Cain: possibly the escapee most dangerous to the Democrats since Frederick Douglass.)
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To: lbryce

If I was sitting on a jury, because someone gave this POS some hot lead for his stupid ass remarks and lawsuit.... I’d have to let the sh00ter go.
What a friggin typical hook-nosed douchebag!


22 posted on 11/21/2011 11:55:42 PM PST by MS_Steve
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To: rolling_stone

I fear you don’t understand at all. Hank has a method, a process for going after the whole.

Spitzer turned out to be easy. The process is ongoing and a lawsuit during an election year involves discovery and leaks and serious problems for the bad guys. The destruction of AIG for criminal purposes is being revenged


23 posted on 11/22/2011 4:37:03 AM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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To: John Galt's cousin
(Sorry, couldn’t resist)

I was aware of the ambiguity when I posted, I just misunderestimated human frailty ;)

24 posted on 11/23/2011 4:01:03 AM PST by Lonesome in Massachussets (Ceterum autem censeo, Obama delenda est.)
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