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Principia Discordia

Principia Discordia => Aneristic Illusions => Topic started by: Doktor Howl on July 31, 2013, 01:56:20 AM

Title: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: Doktor Howl on July 31, 2013, 01:56:20 AM
http://www.politicususa.com/2013/07/30/big-wail-shameless-aig-sues-government-bailout.html

Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: EK WAFFLR on July 31, 2013, 02:04:44 AM
Wow
Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: Mesozoic Mister Nigel on July 31, 2013, 02:28:44 AM
I won't be angry unless they win. But even then... if they win, it seems like that could open an incredible ball of worms in terms of setting precedent...
Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: Mesozoic Mister Nigel on July 31, 2013, 02:29:49 AM
I mean, wouldn't that mean I could legitimately sue to have all the interest I've paid over the course of all my borrowing returned?

Fuck, man, I could live with that.
Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: Doktor Howl on July 31, 2013, 02:30:50 AM
Quote from: M. Nigel Salt on July 31, 2013, 02:29:49 AM
I mean, wouldn't that mean I could legitimately sue to have all the interest I've paid over the course of all my borrowing returned?

Fuck, man, I could live with that.

You are assuming rules applied equitably, of course.
Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: Cardinal Pizza Deliverance. on July 31, 2013, 02:45:48 AM
I'm not even surprised.
Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: Left on July 31, 2013, 02:53:44 AM
Those assholes.
Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: McGrupp on July 31, 2013, 03:50:12 AM
Leave AIG alone!

http://www.youtube.com/watch?v=jVo66dKWz7I
Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: Mesozoic Mister Nigel on July 31, 2013, 07:57:32 AM
Quote from: Doktor Howl on July 31, 2013, 02:30:50 AM
Quote from: M. Nigel Salt on July 31, 2013, 02:29:49 AM
I mean, wouldn't that mean I could legitimately sue to have all the interest I've paid over the course of all my borrowing returned?

Fuck, man, I could live with that.

You are assuming rules applied equitably, of course.

Which they won't be, of course. :crankey:
Title: Re: You aren't angry yet. In fact, you've never been angry. I'm here to fix that.
Post by: McGrupp on July 31, 2013, 01:03:17 PM
It looks like AIG themselves was considered joining the lawsuit but then backed out due to public backlash. However they are being sued by AIG's former CEO, Hank Greenberg and his company Starr International, AIG's largest shareholder. Wait, that actually still kinda sounds like its AIG suing the government, just this way they get to say they technically didn't.

http://www.bostonglobe.com/business/2013/07/29/bernanke-give-deposition-aig-bailout-lawsuit/j4cI804NUKuZ0F4Zf3rT5N/story.html

http://www.policymic.com/articles/57177/ben-bernanke-aig-testimony-the-shroud-of-secrecy-may-finally-be-lifted-off-the-financial-crisis
QuoteNow, Greenberg is suing the federal government after it gave his former company $182 billion ($82 billion more than Dr. Evil requested) because he believes the terms of the bailout were too onerous, and that the federal government took valuable assets from AIG's stockholders without consent or fair compensation. Greenberg is suing the government with his company Starr International, which was the largest stockholder in AIG. AIG briefly flirted with the idea of joining in the lawsuit but decided against it following public backlash, and then attempted to bar Greenberg from suing on their behalf. Greenberg is seeking at least $25 billion.
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