bailout lawsuit controversy News

Hank Greenberg will not sue AIG over the company’s decision not to join his lawsuit against the U.S. government, his lawyer said on Thursday. Greenberg, who was chief executive officer of American International Group Inc. for decades, has sued the …

The board of American International Group Inc. met on Wednesday to consider a lawsuit against the U.S. government over the terms of the company’s bailout, a discussion directors defended as their responsibility but one that critics condemned as the height …