a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by mk
mk  ·  3811 days ago  ·  link  ·    ·  parent  ·  post: Bizarre ruling with far-reaching consequences in AIG government bailout case

Hooray, I won!

I was actually a plaintiff in this case. In the aftermath of the crash, I bought a bit of AIG in a cynical bout of investing, thinking: Well fuck, if they are going to bail these crooks out at my expense, I am going to get my money back by becoming a beneficiary instead of just an involuntary donor.

When I got the class action notice and realized that I qualified to sue the US government for helping the bunch of crooks that I took refuge amongst, it was too fucked up a proposal for me to pass up. I'd never sued the US government before, and suing them for helping me with my money seemed a good place to start.

Seeing that I won and lost, and that I'll probably lose bigger next time around, I'd say things have worked out just perfectly.

Eat that, Damien Hirst.





user-inactivated  ·  3811 days ago  ·  link  ·  

So, did they literally mail you a piece of paper saying they were gonna sue the government and would you like to come with?

mk  ·  3811 days ago  ·  link  ·  

Yep. It sounded like fun, and the postage was prepaid.

user-inactivated  ·  3810 days ago  ·  link  ·  

That's the general idea of a class-action suit. Get as many people hurt by even a little amount as you can to make the total amount of damages as big as you can. In that process you get a hold of people and tell them what you're doing to recruit them into your camp.