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Legal Commentary

: Res ipsa loquitur

After Using Federal Bailout Money To Award Massive Bonuses, AIG Is Now Using Public Funds to Sue the Government To Get Back $306 millions in Tax Payments Tied to Offshore Tax Havens

By jonathanturley

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While Congress attempts to get back roughly $170 million in bonuses paid to executives at American International Group (AIG), AIG is suing the U.S. government (its largest shareholder) for $306 million in tax payments. Between bailouts, bonuses, and tax refunds, it is getting difficult to tell how has what amount of the public fisc. AIG [...]

Full post as published by Res ipsa loquitur on March 21, 2009 (boomark / email).

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