AIG May Join Former CEO's Suit Against New York Fed
AIG (AIG), the parent of various insurance companies and recipient of a $182 billion U.S. bailout in 2008, said its board will consider joining a lawsuit against the federal government. The company confirmed a New York Times report late Monday that AIG planned to join the suit filed by former CEO Hank Greenberg. AIG shares were down less than 1% in Tuesday afternoon trading. Greenberg's suit alleges terms of the bailout were unfair and that the
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