Ex-AIG CEO Maurice "Hank" Greenberg has sued the U.S. in Court on Monday. He claims that the $182 billion bailout in 2008 of AIG was unconstitutional, violating the Fifth Amendment, because it did not justly compensate shareholders for property the government took from them. Even though this property was grossly over-valued, maybe even worthless.
http://www.huffingtonpost.com/2011/11/21/maurice-hank-greenberg-former-aig-ceo_n_1106092.html
Showing posts with label Unconstitutional. Show all posts
Showing posts with label Unconstitutional. Show all posts
Wednesday, November 23, 2011
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