Aig Board News Today

For aig, i guess. remember that the government bailed out aig, aig has now paid that loan back as of last month and even putting up ads how great this is. the aig board, he has prevailed there, they refused his demand in its entirety. they will not be a part of the lawsuit. if greenberg goes ahead, he will have to do it on his own. he a major shareholder. remember that greenberg i believe is 85 years old. he used to run the company. he believes that the government rescued the entire financial sy...

Talents to the table that resonate across the board. agents the beginning of some baby steps that the party needs to make. >> heres where we get to the whole core of this by bipartisanship because washington, d.c. seems to be a desert for that. take a listen as chris christie addresses what theyre able to do in new jersey. weve had our fights and weve stuck to our principles but we have established a governing model for america, that shows even with heartfelt belief, bipartisan compromise is p...

Ultimately, we dont think well join the suit but we have to look at it. >> lets talk about that aigs board of directors is supposed to be meeting today to decide whether they should do that. how much is public perception going to weigh in on how the board wants to rule on the likelihood they want to move ahead with this? >> i think public perception is going to be significant. again, the board has a fiduciary responsibility to face this. this is a board thats doing really pretty well. their prof...

First of all, one thing that hasnt been said so far in the discussion is the word "voluntary." aig did not have to take the bailout that was offered to them by the federal government. they could have refused it. it would have meant certain bankruptcy. so lets not forget this was a volunta voluntary agreement. nobody forced them to take the bailout. look, the only reason for the aig board to consider joining thus lawsuit is because they actually might be liable if the shareholders proceed with th...

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