May God bless her!!
"Investor sues AIG over accepting federal bailout
American International Group Inc. trampled investors' rights by accepting a rescue package from the federal government in return for a majority stake in the insurer, a shareholder contends in a lawsuit. AIG's board violated Delaware corporate law by refusing to allow shareholders to vote on a key part of the bailout proposal, which gives a 79.9 percent stake to the government in return for $85 billion in loans, Wilma Walker said in a complaint filed in Delaware Chancery Court in Wilmington. New York-based AIG, the nation's biggest insurer by assets, is incorporated in Delaware (Bloomberg)."
I get tired of reposting link after debunking link, readers, and I am also pressed for time today because of an afternoon basketball game so there will be less highlighting and commentaries than what you will find below.
However, type "AIG" into my blog search and see what comes up.
