TBA Law Blog

Posted by: Brittany Sims on Jan 9, 2013

American International Group (AIG) announced it will not be joining the $25 billion shareholder lawsuit against the U.S. government over the terms of its bailout at the height of the 2008 financial crisis, the Memphis Commercial Appeal reports. Facing certain backlash and outrage from Washington and beyond, AIG declined to join the lawsuit especially amidst the "Thank You America" ad campaign it is currently running to show gratitude for being rescued from the brink of collapse.