Business

Elizabeth Warren is not amused by AIG’s lawsuit threat

As Becket reported earlier today, bailed-out insurance giant AIG is considering joining a multi-billion-dollar lawsuit against the federal government on behalf of disgruntled shareholders. As a new senator on the Banking Committee, Massachusetts’ Elizabeth Warren has taken notice… and she’s not amused.

Via Business Insider, Warren is circulating the following statement about AIG’s potential legal action:

“Beginning in 2008, the federal government poured billions of dollars into AIG to save it from bankruptcy. AIG’s reckless bets nearly crashed our entire economy. Taxpayers across this country saved AIG from ruin, and it would be outrageous for this company to turn around and sue the federal government because they think the deal wasn’t generous enough. Even today, the government provides an ongoing, stealth bailout, propping up AIG with special tax breaks—tax breaks that Congress should stop. AIG should thank American taxpayers for their help, not bite the hand that fed them for helping them out in a crisis.“

Hell hath no fury like a progressive politician scorned.

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Comments (12)

  • charles116
    Posted on January 9, 2013 at 10:54am

    Aside from this – there is not a single intelligent post on this blog,
    Just the usual Attack the messenger,
    At least ya have another target ow,

    Report this comment

    charles116  
  • Voter713
    Posted on January 9, 2013 at 10:32am

    This is hilarious!

    Report this comment

    Voter713  
  • DZ-015
    Posted on January 9, 2013 at 8:00am

    So the new Senator goes on the warpath out of the gate?

    Report this comment

    DZ-015  
  • savagenatn
    Posted on January 9, 2013 at 1:29am

    not amused? Well we’re not amused that you’re a Senator either you dimwit phony

    Report this comment

    savagenatn  
  • Libfreezone
    Posted on January 8, 2013 at 11:26pm

    LIZ, the government has nothing to give that they don’t take from the Tax Payers! Shut your pie hole and stop bailing out everyone with our money.

    Report this comment

    Libfreezone  
  • tonypro
    Posted on January 8, 2013 at 10:21pm

    “the government provides an ongoing, stealth bailout”

    ….and there it is folks, an admittance by accident…OOOOPs, that they are secretly continuing to shuffle our tax dollars to the insurance co.’s.

    Report this comment

     
  • noslave
    Posted on January 8, 2013 at 5:46pm

    hope they sue and win,that half-azzed indian du-bag deserves two behind the ear??worthless democrat mutt.

    Report this comment

    noslave  
  • MisterSarcastic
    Posted on January 8, 2013 at 5:14pm

    Oooooh, Liz. You’ll find some people are just a ruthless as you S TFU.

    Report this comment

    MisterSarcastic  
  • i have black immunity
    Posted on January 8, 2013 at 4:24pm

    My great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great, great grandmother’s mother was a Negroe woman in Oyugis, Kenya (She was a member of the Luo tribe, the second largest tribe in Kenya over 3 million people or 12% of the population.) Her husband was Navajo. Does that make me a native American Negroe?

    Report this comment

    i have black immunity  
    • glckgrl
      Posted on January 9, 2013 at 2:58am

      according to Liz(ard) Warren it does. It’s disgusting that hag won, nobody will ever convince me election fraud isn’t massive!

      Report this comment

      glckgrl  
  • spirited
    Posted on January 8, 2013 at 3:25pm

    Who? Who buildt that???

    Report this comment

    spirited  

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