AIG Shareholders Have Day in Court: What's at Stake?

The video discusses a lawsuit by AIG shareholders against the US government, claiming illegal seizure of shares during the 2008 bailout. The trial, taking place in Washington DC, involves key figures like Ben Bernanke and Henry Paulson. The case, filed in 2011, raises constitutional issues under the Fifth Amendment, with $40 billion in damages sought. The trial's outcome could have significant financial implications, with AIG potentially indemnifying the government.

What is the main claim made by AIG shareholders against the U.S. government?

• The government failed to provide a bailout.

• The government illegally seized their shares.

• The government did not consult them before the bailout.

• The government overvalued their shares.

Why does the government believe the AIG shareholders should be grateful?

• The government reduced their tax liabilities.

• The government provided additional shares to them.

• The government prevented AIG from going bankrupt.

• The government increased the value of their shares.

Who are some of the key witnesses expected to testify in the trial?

• Former Secretary of State Hillary Clinton

• Former Federal Reserve Chairman Ben Bernanke

• Former Secretary of the Treasury Timothy Geithner

• Former President George W. Bush

What constitutional amendment do the AIG shareholders claim was violated?

• First Amendment

• Tenth Amendment

• Fifth Amendment

• Second Amendment

What is the potential financial liability the government might face if they lose the case?

• $40 billion

• $30 billion

• $20 billion

• $10 billion