The White House on Tuesday declined to comment on media reports that American International Group Inc (A.I.G.), the insurance giant bailed out by taxpayers to the tune of $182 billion in 2008, is considering joining a lawsuit against the government alleging the deal’s terms were unfair to the company.
“I won’t comment on a lawsuit that’s pending,” White House Press Secretary Jay Carney told reporters at a news conference.
Many lawmakers criticized AIG for even entertaining the idea of suing the source of a lifeline that staved off its bankrupty during the Great Recession.
“This is like suing the paramedic who just gave you CPR because he didn’t give you a pillow,” Rep. Elijah Cummings (D-MD), the ranking member of the House Oversight committee, said in a statement.
