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AIG won’t sue U.S. over bailout

Published: January 10. 2013 4:00AM PST

Afraid of looking like a world-class ingrate, AIG on Wednesday decided against suing the federal government over the $182 billion bailout that saved the giant insurance company from collapse.

American International Group Inc. was put in the awkward position of having to consider joining a lawsuit brought against Uncle Sam by its former CEO, Maurice “Hank" Greenberg.

The suit claims that the terms of the taxpayer-funded bailout were too onerous.

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