Mobile, Alabama


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Pete Burns
Pete Burns
Attorney • (800) 574-4332

AIG shareholder suit

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AIG may be too big to fail but thankfully its management will be called to account for their conduct. Americans, while furious about the huge bonuses, know that the tax man is not the answer. The legal system is the tool designed to protect shareholders from management malfeasance.

The Chicago Tribune reported that Freedom Watch sued AIG Management on behalf of AIG shareholders. http://www.chicagotribune.com/business/sns-ap-aig-lawsuit,0,330154.story If corporate officers are held personally responsible for their decisions America will see real business reform. That does not recoup the bailout money we taxpayers have had to pay but it may prevent those responsible from benefitting from their greed.