Court Rules U.S. Bailout of AIG Was Legal, Denies Shareholder Claim Led by Starr’s Greenberg

A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc. during the 2008 financial crisis, in a defeat for former chief executive officer Maurice “Hank” Greenberg. The Federal Circuit Court …
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Court Rules U.S. Bailout of AIG Was Legal, Denies Shareholder Claim Led by Starr’s Greenberg was originally posted by ClaimsMate.com Insurance Information Resources