A federal appeals court upheld the dismissal of a lawsuit by former American International Group Inc Chief Executive Maurice "Hank" Greenberg accusing the Federal Reserve Bank of New York of unlawfully bailing out the insurer at the height of the 2008 financial crisis.
FEMA administrator, representatives, citizens' groups and real estate agents talk about the challenges arising from mandated rate increases for federal flood insurance.
FEMA administrator, representatives, citizens' groups and real estate agents talk about the challenges arising from mandated rate increases for federal flood insurance.
The Martin Act, which gives the New York attorney general extraordinary enforcement powers, will drive companies out of the state unless businesses lobby to change it, according to Starr Insurance Holdings Chairman and CEO and longtime AIG boss Maurice Hank Greenberg.
The Martin Act, which gives the New York attorney general extraordinary enforcement powers, will drive companies out of the state unless businesses lobby to change it, according to Starr Insurance Holdings Chairman and CEO and longtime AIG boss Maurice Hank Greenberg.
Federal Reserve Chairman Ben Bernanke does not have to testify in the multibillion-dollar lawsuit by the former chief of American International Group Inc. against the United States over the insurer's 2008 bailout.
An intermediate New York state appellate court has stayed further proceedings pending additional arguments in a civil trial of former American International Group CEO Maurice Hank Greenberg and the companys former CFO.
U.S. judge on Tuesday approved a $72 million settlement to resolve shareholder claims that Berkshire Hathaway Inc's General Re Corp engaged in a sham deal that helped inflate AIG's reserves.
The federal government doesnt want Federal Reserve Board Chairman Ben Bernanke to submit to questioning concerning a lawsuit filed in the aftermath of the 2008 federal rescue of American International Group.
The federal government doesnt want Federal Reserve Board Chairman Ben Bernanke to submit to questioning concerning a lawsuit filed in the aftermath of the 2008 federal rescue of American International Group.