AIG has balls, I gotta give that to them!

American International Group Inc or AIG was the target of a government taxpayer bailout to the tune of 180 billion dollars of which about 134 billion has been paid out. This hard earned money from moms and dads all over the country to rectify a company that is arguably the poster child for ‘Wall Street greed, fiscal mismanagement and executive bonuses’.

Now, those very same executives are considering whether or not they would like to join in a lawsuit against said United States of America. If AIG decides to join the complaint, which seeks $25 billion in damages, it would pit the company against the very same government that rescued it in 2008 from collapsing under the weight of huge losses on mortgage-backed securities and other toxic assets.

Now, how so very cool is that. Talk about having big cojones! Only in America can a group of individuals mismanage and gamble their corporation into such a huge mess, that Congress was forced to bail them out with taxpayer money, so that they can turn right around and sue for even more! Wow! Not that's what I call a Progressive spirit!

[On a more positive note the GAO thinks Americans can recoup that money as soon as the rest of the country gets back on track. Uh, yeah..sure. Like when pigs fly!]