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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.

Five years after AIGs emergency takeover by the Federal Reserve Board, a National Economic Council report touts the bailouts successes, while the New York DFS reopens an investigation into the insurers risk-management practices leading up to the federal actions.

Five years after AIGs emergency takeover by the Federal Reserve Board, a National Economic Council report touts the bailouts successes, while the New York DFS reopens an investigation into the insurers risk-management practices leading up to the federal actions.

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.

Hank Greenberg should still face trial over sham transactions he is accused of orchestrating while he was head of AIG, even though New York has dropped most of its claims against him, a state lawyer argued.

New York Attorney General Eric Schneiderman dropped damages claims in the case last month, but he is still trying to have Maurice "Hank" Greenberg banned from the securities industry and from being a director or officer of a public company.

New York Attorney General Eric Schneiderman dropped damages claims in the case last month, but he is still trying to have Maurice "Hank" Greenberg banned from the securities industry and from being a director or officer of a public company.