AIG bailout suit News

Court Denies Shareholder Claim Against AIG Bailout Case Led by Starr’s Greenberg

A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc. during the 2008 financial crisis, in a defeat for former chief executive officer Maurice “Hank” Greenberg. The Federal Circuit Court …

If AIG Is Selling, Greenberg Is Listening, Says Lawyer

Maurice “Hank” Greenberg, who spent four decades at American International Group Inc., would consider investing in the insurer he helped build into the world’s largest before the financial crisis, his lawyer David Boies said. “If they’re selling, I think Hank …

AIG May Join Suit Against Federal Government Over ‘Unfair’ Bailout Terms

American International Group Inc., the insurer rescued by the U.S. government in 2008 with a bailout that ultimately totaled $182 billion, may join a lawsuit against the government alleging the terms of the deal were unfair. The news prompted a …