ADVERTISEMENT

They were bailed out and now they're suing the Federal Government

3Rfan

Well-Known Member
Aug 23, 2002
40,108
1,947
113
Hank Greenburg, former boss at AIG, is suing for $23 billion for he and other stockholders claiming the government seized their property without adequate compensation. The others suing are hedge fund groups that bought Fannie and Freddie stock for pennies on the dollar. It seems they have found a judge that is inclined to agree with them. :eek:
 
ADVERTISEMENT
ADVERTISEMENT