Bailouts, Lawsuit | featured news

DealBook: Rescued by a Bailout, A.I.G. May Sue Its Savior

A lawsuit claims that the rescue by the government deprived A.I.G.'s shareholders of tens of billions of dollars and took private property for public use without appropriate compensation.

 

U.S. sued for $25 billion over AIG takeover

A company run by former American International Group Chief Executive Maurice "Hank" Greenberg has sued the United States, claiming that the government takeover of the insurer was unconstitutional.

 

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