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.


25° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Bridgestone-Firestone Recalls Over 36,000 Truck Tires

2/6/2016 1:20 PM

Bridgestone-Firestone North America is recalling more than 36,000 heavy truck tires in the U.S. and Canada because the tread can separate from the bod...

Full Story
South Dakotans: Fast Talking And Patient On The Phone

2/4/2016 7:51 AM

South Dakotans are ranked as the eighth fastest talkers in the U.S., behind Iowa at number 5 and Minnesota at number 2.

Full Story
Downtown Boutique Reopens With A New Look

2/1/2016 5:32 PM

A whirlwind remodel is complete and a downtown Sioux Falls shop is back open for business.

Full Story


Events