Property Rights

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AIG May Join Shareholder Class Action Lawsuit Against US Federal Government After Emerging from Bailout

AIG, recovering from its $182 billion bailout from the United States federal government, is now considering joining its shareholders in a class action lawsuit against its corporate savior. Because of the fifth amendment to the United States Constitution preventing public use of private property without due compensation, former CEO Maurice “Hank” Greenberg brought forward his […]

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