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Washington's Jaw Drops At Possibility Of AIG Lawsuit

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People pass the AIG building, in New York, Tuesday, Jan. 8, 2013. (AP Photo/Richard Drew)
People pass the AIG building, in New York, Tuesday, Jan. 8, 2013. (AP Photo/Richard Drew)

Word swept across Washington from Capitol Hill to K Street and the administration — and the response wasn’t positive

“AIG should thank American taxpayers for their help, not bite the hand that fed them for helping them out in a crisis,” Sen. Elizabeth Warren (D-Mass.) said in a statement. “Taxpayers across this country saved AIG from ruin, and it would be outrageous for this company to turn around and sue the federal government because they think the deal wasn’t generous enough. Even today, the government provides an ongoing, stealth bailout, propping up AIG with special tax breaks — tax breaks that Congress should stop.”

Read the whole story at Politico

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