A federal judge in Michigan has dismissed a lawsuit challenging the bailout of American International Group on religious grounds.
An Ypsilanti man claimed the United States should not have bailed out ÌìÃÀÍøÕ¾´«Ã½´«Ã½ because the insurance giant sells international financial products specifically tailored to Islamic principles. But after more than two years of litigation, a judge said Friday that such products are not a result of direct government action and represent just a fraction of ÌìÃÀÍøÕ¾´«Ã½´«Ã½’s revenue.
U.S. District Judge Lawrence Zatkoff in Port Huron says the bailout is not an ‘excessive entanglement with religion.” He says it’s not comparable to tax dollars going directly to a church or religious institution.
An Ann Arbor law group that takes cases on behalf of Christian causes says it will appeal.
Topics Legislation Michigan ÌìÃÀÍøÕ¾´«Ã½´«Ã½
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