AIG Shareholders victims of political hurricanes

Sep 26, 2008 by Sam

Talk about predatory lending: even though issuing the preferred still doesn’t guarantee control of the company. Either way new terms ( these are not the same terms AIG initially announced ) are very tough for AIG shareholders.. Where are the shareholder lawsuits  ? at the end of the day the Fed will mess up running the company so both taxpayers and shareholders will lose – so at the end of the day the lawyers will make the money… ( so will the private equity funds that pick apart AIG at fire sale prices)