can bank on this morning and joining me is lauren simonetti from the fox business network. let s talk about zach lew nom nae for treasury secretary. he needs to go back to the second grade to fix his penmanship. he is expected to be nominated as treasury secretary. let s take a look at his signature. 8 loops for each of letters of his name. that would be on dollar bills below the seal of the treasury on the right side. take a look at timothy geithner. he had to do to to print. it went from the first one to the second one. the second one much clearer. we have to see if mr. lew will have to do his as well. aig has been in the news a lot this week because of the shareholder lawsuit. congratulations aig is not suing not to join a shareholder lawsuit against the government and tax payer.
it so that it didn t go into bankruptcy has decided not to sue us. just hours ago, a.i.g. declined to join a shareholder lawsuit, which claims the feds used the bailout to save wall street banks at the expense of a.i.g. shareholders. a.i.g. ceo says it would not have been, quote: acceptable socially to take the bailout and then sue the government. gee, you think? of course, plenty of folks expressed a bit of outrage at the very idea of a lawsuit. some lawmakers threatened hearings and one sent a letter to a.i.g. advising board members don t even think about it. well, president obama says he will not negotiate with congress. won t even think about it. regarding raising the nation s debt ceiling and some house democrats say he doesn t have to negotiate. because they claim the constitution does give him the power to raise the limit on his own. specifically, the 14th amendment which reads in part, look at this. the validity of the public debt of the united states shall not be quedz. of cou
because of bailout. it agreed to a $182 billion rescue, one of the largest in the financial crises after revelations that the company gave out hefty bonuses. aig said it paid the bailout in full and started a campaign thank you america complete with high profile television ads. now aig is considering joining a shareholder lawsuit that is already in place against our government over the terms of the rescue. geri will system with us. they are upset over the bailout. it s very upset and being led by the former ceo the of the company. he is the biggest share holder. basically the claim is that the country violated the constitution, fifth amendment which requires the government can t take over private assets and run it for their own
when you see there is no more humanity left anymore, you don t look at him as a esperson. gretchen: veteran officers fought back tears as they describe the scene inside the theater and how the room was silent except for the film which was still rolling. a.i.g. got $182 bailout from taxpayers, but word now the company may sue the government. the board meets today to decide if it will join a shareholder lawsuit claiming the government violated the fifth amendment which prohibits taking private property for public use without just compensation. shareholders say the bailout cost them tens of billions of dollars. a.i.g. recently paid back the bailout money. steve: the crimson tide, they can now take the rest of the winter and spring off. alabama cruising and crushing top ranked notre dame. this was never a game. they couldn t stop them on the ground. running back lacey named the m.v.p.
23 past the hour. time to take a look at the morning papers. the new york times on the heels of paying back a $182 billion bailout. aig is mulling whether or not to sue the federal government. on wednesday, the company s board will consider joining a $25 billion shareholder lawsuit. the litigants argue the government s high interest rates on the loan cheated shareholders out of billions of dollars. the charlotte observer, 10 mortgage lenders including bank of america ca and wells fargo have made a settlement totaling $8.5 billion and go to cash payments and mortgage relief and end a lengthy close of mortgage practices. many banks were accused of robo-signing mortgages while false falsely saying they reviewed each case. around the country, many