AIG is at it again. After receiving billions in taxpayer dollars, they are now suing the U.S. government for 300 million dollars. They claim that they are owed this money because they were improperly denied tax breaks.
"The lawsuit contends in part that the federal government owes A.I.G. nearly $62 million in foreign tax credits related to eight foreign entities, with names like Lumagrove, Laperouse and Foppingadreef, that were set up or controlled by financial products, often through a unit known as Pinestead Holdings.
The remainder of A.I.G.'s claim, for $244 million, concerns net operating loss carry-backs, capital loss carry-backs, a general refund claim and claims for refunds of other tax-related payments that A.I.G. says it made to the I.R.S. but are now owed back. The claim also covers $119 million in penalties and interest that A.I.G. says it is due back from the government."
First they gave their employees millions in bonus for helping drive the economy into the ground and now they are suing to get more money. What the hell is wrong with U.S. government. Tell these assholes to bugg off and let's be done with it already.
