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View Diary: A business woman's question for AIG. Are you freaking out of your minds? (44 comments)

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  •  Maurice Greenberg started the suit, and the point (2+ / 0-)
    Recommended by:
    BachFan, StellaRay

    of the Board of Directors considering his demand that they join in, the key word being 'considering', was that he began the initial lawsuit against the US on behalf of 'the shareholders" and then  demanded that they join in that suit failing which he would sue them on behalf of the shareholders for not even considering the claim he has already filed. This is a sort of power grab deal but the bad taste of it comes from Greenberg, not a shy guy. So they 'considered' it and have now made a record for litigation purposes as against Greenberg about why they declined to participate.

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