American International Group said its directors would weigh whether to take part in a shareholder lawsuit against the United States over the government's US$182 billion bailout of the insurer.
If AIG decides to join the complaint, which seeks US$25 billion in damages, it would pit the company against the government, which rescued it in 2008 from collapsing under the weight of huge losses on mortgage-backed securities and other toxic assets.
AIG said its directors would take up the matter yesterday and it expected them to have a decision by the end of the month.
via Business feed http://www.scmp.com/business/companies/article/1124114/aig-directors-weigh-joining-suit-over-us-bailout
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