Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

AIG Vote Against Lawsuit Was ‘Right Result,’ U.S. Treasury Says

Jan. 9 (Bloomberg) -- American International Group Inc. made the proper decision to opt against joining the insurer’s former chief executive officer in a lawsuit against the U.S. over the company’s 2008 bailout, the Treasury Department said.

The vote by New York-based AIG’s board was the “right result,” said Timothy Massad, assistant secretary for financial stability, in an e-mailed statement today. “It is consistent with AIG’s determination to rebuild the company, repay taxpayers, and move forward.”

To contact the reporter on this story: Elizabeth Bunn in New York at

To contact the editor responsible for this story: Dan Kraut at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.