November 19, 2012 Breaking News AlertCourt Dismisses Ex-AIG CEO Greenberg's Bailout Suit Against Fed ReserveThe Federal Reserve Bank of New York won the dismissal of former American International Group Inc. Chief Executive Maurice "Hank" Greenberg's $25 billion lawsuit accusing it of acting unlawfully in bailing out the insurer during the 2008 financial crisis.U.S. District Judge Paul Engelmayer in Manhattan on Monday dismissed in full the case brought on behalf of Greenberg's company Starr International Co, which once held a 12 percent stake in AIG. Copyright © 2012 by Wells Media Group, Inc. |
Monday, November 19, 2012
Breaking News: Court Dismisses Ex-AIG CEO Greenberg's Bailout Suit Against Fed Reserve
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