I see. So basically the former chief is forcing AIGs hand. Even though it will be a PR nightmare they payout is too big to ignore so they might just go ahead and join the lawsuit since the alternative is to get caught in a lawsuit of their own later on down the road. Talk about being stuck between a rock and a hard place. It's stupid if you ask me but then again, that is a lot of cash we're talking about.
So they're going to try to recoup some of the money they paid back and pocket it. Isn't life grand? AIGs shareholders are trying to pocket 25 billion from the Federal Government. Money that it can use to fund education or fix roads. Hell I'd rather they build a few more submarines with that money instead of giving it to some old rich guy who is about to kick the bucket.