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September 26, 2021

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AIG: Why Tea Partiers Should Love Elizabeth Warren (UPDATE)

**UPDATE: The board of AIG decided Wednesday not to join a shareholder lawsuit against taxpayers which challenges the terms of the bailout that saved the insurer from bankruptcy in 2008, CNN reports. The board did not detail the reasons for the decision, saying it will make that clear in court filings in the coming weeks. But when reports surfaced Tuesday that it was even considering joining the suit, it sparked widespread outrage against the company. You paid your hard earned money into the coffers of a recklessly mismanaged company called AIG in 2008. You saved them from bankruptcy, from corporate…