User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


74° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thune Talks About Former AIG CEO Suing Govt.

January 9, 2013, 6:24 PM

Thune Talks About Former AIG CEO Suing Govt.
Sen. John Thune

MADISON, SD -

Bailed out insurance giant AIG will not join a lawsuit against the government.  Current management felt it would be bad for business.

Its former CEO is suing, claiming terms of the company's $182 billion bailout in 2008 were unfair to shareholders.

The lawsuit isn't sitting well with members of Congress, including Senator John Thune.

"It's really ironic given the fact that that company was teetering and was supported by the American taxpayer, the American government and now they decide they want to sue them. I'm at a loss to explain what the rational is for that," Thune said.

AIG is running a campaign themed "Thank You America," claiming it's paid back all of the bailout money.

Previous Story

Next Story


Comments







Sponsored
 

View business

You may also like

Hy-Vee Announces Updates To Sioux Falls Stores

5/27/2015 10:24 AM

There are big plans for the seven Hy-Vee grocery stores in Sioux Falls.

Full Story
Ford Recalls Nearly 423K Vehicles For Power Steering Problem

5/27/2015 3:06 PM

Ford is recalling nearly 423,000 cars and SUVs in North America because the power-assisted steering can fail while they're being driven.

Full Story
Flights Cut/Airfares Rise Out of Sioux Falls

5/26/2015 10:10 PM

Just last summer, KELOLAND News reported that more people were flying Frontier. The discount airline had daily flights to Denver that were more than 9...

Full Story | Watch
Software Glitch Can Cause iPhones To Crash

5/27/2015 3:23 PM

A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

Full Story
Women's Clothier Torrid Coming To Empire Mall

5/26/2015 1:35 PM

Construction is scheduled to begin in July, and the store plans to open in early fall. 

Full Story


Events