Insurer, Lawsuit | featured news

(Image from article: "AIG sues BofA for $10 billion alleging "massive fraud"")

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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.

AIG sues BofA for $10 billion alleging "massive fraud"

The insurer AIG is suing Bank of America Corp to recover more than $10 billion of losses from a "massive fraud" on mortgage debt, deepening the morass of litigation faced by the largest U.S. bank.

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