Isn't that how it works?
A company is failing/bankrupt.
They need an injection of money to survive.
Financial assistance is provided by a group/individual and this group/individual becomes a stockholder/director.
In this respect, since taxpayer money was used to bail-out AIG, the taxpayers should have acquired stock in AIG and should be directors of the company.
However, according to Wikipedia, the government bailed them out.
American International Group - Wikipedia, the free encyclopedia
So, which is it?
Was taxpayer money used to save AIG or was it FED money?