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.


64° 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







 
Find Local Businesses on KELO Pages!

View business

You may also like

SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story
Cracked Windshield Forces Jet To Land In Wichita

9/22/2014 1:12 PM

A 50-seat jet flying to Dallas was forced to land in Wichita after its windshield cracked.

Full Story
Committee Gives Final OK To Rest Stop Rule Changes

9/16/2014 1:22 PM

A South Dakota panel has approved rule changes in multiple state departments that include allowing the Department of Transportation to regulate newsst...

Full Story


Events