We're not big fans of bashing corporations, but sometimes they flat-out deserve it... To be completely honest, we own a life insurance policy through an AIG subsidiary, and have for 11 years - well before they decided to insure nearly every credit default swap deal in the world in 2008. During the great bailout that year, AIG received about $180 billion in assistance. They were the one who those that spoke of 'Too Big to Fail' were talking about... They may be too big to fail, but they're apparently small enough to sue the government.
According to a Fox News article, AIG is suing the IRS for $30 million, or about 2 days interest on the wad of cash they got in 2008. Why? It seems that AIG discovered they overpaid on their taxes - in 1991 - and with interest, they would like restitution. Yeah, there are statutes of limitations on these things, and AIG found out that theirs in the case were about to run out. Yes, their balls are made of brass...
Our opinion on taxes - especially if you're a major conglomerate - is that you have certified public accountants working on your taxes, and you're supposed to be the financial wizards here. If you eff up you taxes, that's your problem. If you wait 21 years to complain about it, that's even worse. If you were a major player responsible as anyone for the largest financial collapse EVER, in the amount approximately 6000 TIMES worse than the amount you're complaining about, pack your shit up and go home...
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