American International Group's restructured loan frees the firm from terms in its original bailout that were "strangling the company," while the new deal "should buy AIG some time" to sell off assets
The giant conglomerate put out a statement today denying any heavy spending in the wake of televised stories about a financial planners' seminar at the Pointe Hilton Squaw Peak Resort in Phoenix last
If not for a case of art insurance fraud, a kickback scheme involving attorney William Lerach, who masterminded massive class-action cases, might never have come to light, according to a former assist
Mr. Greenberg, currently chairman and CEO of C.V. Starr, had been lobbying AIG's senior management for weeks to renegotiate the terms of the government's original $85 billion bailout loan to charge le
SAN FRANCISCO--Attorney William Lerach, the onetime mastermind behind countless fraud-tainted securities class actions, said in an interview before going to prison that the illegal methods he used were
SAN FRANCISCO--Securities class actions are being brought with more institutions as plaintiffs and show no signs of decreasing, despite the imprisonment of one of the nation's busiest class action lawy
In the case--E.H. Webb Blessley and Donna L. Blessley v. Fire Insurance Exchange; Orange Restoration dba ServiceMaster AAA Restoration, heard in the Orange County Superior Court--plaintiffs H. Webb Bles
A 28-year-old Cohoes man who reportedly fell behind on the mortgage payments for a four-unit apartment building he owns in Albany was arrested Tuesday for setting fire to the structure just hours
In today's 24/7 business world, companies and their customers are consuming, sharing and storing data at an unprecedented rate. This data has in fact become one of an organization's most valuable
The concept of telepresence is at least 50 years old and has a long-running relationship with science fiction and television. From Issac Asimov's "The Naked Sun," published in 1956, to the