AIG lawsuit News
Former AIG Chairman Greenberg Admits to Wrongdoing in Longstanding New York Fraud Lawsuit
Former American International Group Inc. Chairman Maurice "Hank" Greenberg admitted to participating and approving two fraudulent reinsurance deals as part of a settlement over a decade-old fraud ...
Ex-AIG Chairman Greenberg Remains Defiant as Fraud Trial Ramps Up
Ex-American International Group Inc. Chairman Maurice "Hank" Greenberg said New York State's pursuit of him through a decade-old fraud lawsuit is a futile waste of taxpayer money, as the two sides ...
AIG Bailout Lawsuit Closing Arguments Expected This Spring
Hank Greenberg's legal assault on the U.S. government and the terms imposed in its 2008 bailout of American International Group Inc. brought a parade of financial crisis superstars to a Washington ...
AIG Risks Liability Burden if Ex-CEO Greenberg Wins Suit Over $25B Bailout
The U.S. government has grounds to demand that American International Group Inc. pay any significant damages should Maurice "Hank" Greenberg win his $25 billion claim that federal officials ...
Ex-AIG CEO Liddy Defends His Role as Government-Tapped Leader
Former American International Group Inc. Chief Executive Officer Edward Liddy defended his role as the government-tapped leader of the company at the time of a 2008 bailout, saying he took the job to ...Geithner: AIG’s Collapse Could Have Triggered Global Mass Panic
The failure in 2008 of American International Group Inc., the world's biggest insurer, would have caused "mass panic on a global scale," Timothy Geithner, the head of the Federal Reserve Bank of New ...
Ex-Treasury Secretary Talked With China About 2008 Financial Bailout
Henry Paulson, the former treasury secretary, said he talked with China about helping bail out financial firms in 2008, in the first discussion of the rescue scheme in a court with two other plan ...