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By Matt Kibbe
The short-term deal will assure long-term overspending
Independent voices from the The Washington Times Communities
Topic - Maurice "Hank" Greenberg
Facing a certain backlash from Washington and beyond, American International Group won't be joining a $25 billion shareholder lawsuit against the U.S. government over the terms of its bailout at the height of the financial crisis.
A company run by the former CEO of American International Group Inc. is suing the government for $25 billion in damages regarding its taxpayer bailout of the big insurer.