The level of AIG’s corporate bad behavior has just sunk to a new level of low, as the New York Times reports this morning of a pending lawsuit, quietly filed by AIG on Feb. 27, against the US seeking the return of $306 million in tax payments. Talk about biting the hand that feeds you! This translates into AIG suing its majority shareholder, the US, asking for more money, when it just received a $200 billion dollar government bailout, and to add insult to injury, it’s apparently using taxpayer bailout money to fund the costs of the lawsuit. This new information comes on the heels of the recent outrage of AIG’s payout of $165 million in bonus money to the traders of the company’s notorious financial unit, the very people who brought down AIG and the entire economy with its risky (criminal?) financial transactions. As more layers get peeled back the darker this story gets. The majority of tax payments AIG seeks to get back from the US involve its use of shady offshore tax shelters, which have come under increasing scrutiny by the IRS. The IRS denied AIG’s claims for return of the taxes paid in 2008, ruling […]