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.
Cumberland School of Law, Cum Laude graduate Peter F. Burns practice areas include business litigation will contests, medical malpractice, legal malpractice, and other matters of complex civil litigation. Mr. Burns is licensed to practice before the United States Supreme Court and is a Certified Alabama Mediator; Board-Certified Civil Trial Advocate, National Board of Trial Advocacy, and a member of national and state Legal associations.