These are strange and frequently mean-spirited times in recession-era America.

And the news always seems to get a little more unusual: One of the largest recipients of the Obama Administration's controversial corporate bailout program, American International Group, is apparently thinking about suing the government for welching on promises made to shareholder investors.

According to the New York Times, AIG's board will be meeting Jan. 9 to weigh the options of joining a $25 billion lawsuit launched by shareholders against Washington.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.