A federal judge has cleared for trial a claim by former AIG executive Maurice Hank Greenberg that the U.S. government acted inappropriately when it took control of AIG in September 2008.
The task force President Barack Obama set up to manage General Motors Co.s bailout and bankruptcy in 2009 wasnt aware of the faulty ignition switches linked to 13 deaths in small cars, said people familiar with the matter.
Insurer American International Group Inc eliminated the U.S. government's last financial interest in the company on Friday, buying back warrants from the U.S. Treasury for about $25 million.
American International Group Inc., the Federal Reserve Bank of New York and the U.S. Treasury department have officially signed a deal to repay the government for sustaining the massive company.