No. 11-779C (Filed: June 15, 2015)
AIG STARR VS USA
If the action to take equity was Illegal
If the action to take equity was Illegal, which the judge agrees with, then the gains to the government by the equity is a loss to the shareholders.
Since the action was illegal, any gains by such action would have to be returned to AIG as the government could not have a gain from the illegal activity. The loss was real to shareholders since the Capital and dilution should never of happened to buy out the governments shares, and the Capital would be a direct taking from the shareholders by method of dilution, Not from split 20 to 1, but from issuing more shares to buy off govt illegal shares after AIG was again solvent.
Hmm. This will be appealed. You cant be Illegally found guilty of TAKING and receive a profit from that Taking and not be responsible for Paying it Back.
Would a thief be found guilty of stealing your car, then since your insurance gave you money for car, Not have to pay for the car he took? No crime kinda crime? No way!!