Former AIG chief testifies in Washington
Former AIG CEO Maurice Greenberg, chairman and CEO of C.V. Starr & Co., Inc., testifies before the House Oversight and Government Reform Committee hearing on "The Collapse and Federal Rescue of A.I.G. and What It Means for the U.S. Economy" on Capitol Hill in Washington on April 2, 2009. (UPI Photo/Roger L. Wollenberg)
Latest Headlines
U.S. markets close higher ... AIG say no to joining lawsuit ... In Calif. short sales surpass foreclosures ... Job worries help flu to spread ... News from United Press International.
American International Group said it will not join a lawsuit against the U.S. government over a $182 billion rescue shareholders said was unfair to the company.
U.S. stocks turn higher Wednesday ... Lawmakers warn AIG not to sue Washington ... Morgan Stanley to ax 1,600 positions ... Survey reveals how not to get a job ... News from United Press International.
American International Group may join a lawsuit challenging the U.S. government program under which the insurance giant was bailed out, court papers indicate.
Investors cautious, markets slide ... Report predicts gloomy EU economy in 2013 ... Bailed out AIG considers suing U.S. ... Sears CEO D'Ambrosio stepping down Feb. 2 ... News from United Press International.
This only makes sense if you think like a lawyer: Insurance giant American International Group may sue the government for the bailout that saved the company.
A former American International Group chairman is building his second U.S. insurance empire with the help of former AIG executives, an insurance expert said.
A New York judge refused to dismiss breach of fiduciary duty charges against American International Group Inc.'s former chairman, Maurice Greenberg.
Maurice Greenberg, former chief executive officer of American International Group, has called for changes in the company's U.S. federal bailout package.
Maurice Greenberg, former chief executive officer of American International Group, said he watched his own fortune nearly vanish as the company collapsed.
Quotes
United Press International
United Press International
United Press International
United Press International
