A report released by the Federal Reserve Board shows taxpayers made $9.5 billion through its investment in two facilities used to help provide liquidity to AIG to prevent its collapse in 2008.
A U.S. judge has ruled Federal Reserve Chairman Ben Bernanke should testify in the multibillion-dollar lawsuit by the former chief of AIG, Maurice "Hank" Greenberg, against the United States over the insurer's 2008 bailout.
A U.S. judge has ruled Federal Reserve Chairman Ben Bernanke should testify in the multibillion-dollar lawsuit by the former chief of AIG, Maurice "Hank" Greenberg, against the United States over the insurer's 2008 bailout.
Lawyers for former American International Group CEO Maurice Hank Greenberg and the companys former CFO have filed motions to have a New York court throw out charges dealing with a decade-old reinsurance deal, or, in the alternative, for another judge to handle the case.
Former American International Group Chief Executive Maurice "Hank" Greenberg sued Eliot Spitzer on Friday, alleging the former New York governor defamed him in several statements to the press, according to the lawsuit.
Former American International Group Chief Executive Maurice "Hank" Greenberg sued Eliot Spitzer on Friday, alleging the former New York governor defamed him in several statements to the press, according to the lawsuit.
A federal court judge in Washington has cleared for trial claims by former CEO Maurice Hank Greenberg that the federal governments methodology in aiding a troubled American International Group amounted to an attempt to steal the business.
A federal court judge in Washington has cleared for trial claims by former CEO Maurice Hank Greenberg that the federal governments methodology in aiding a troubled American International Group amounted to an attempt to steal the business.
New Yorks top court has cleared the way for a civil trial of former AIG CEO Maurice Hank Greenberg and the companys chief financial officer over allegations that they engineered a sham transaction more than a decade ago in order to make its financial statement look better.