Supreme Court's new term heads legal news roundup that includes a death-penalty case, a student's immigration status and an AIG lawsuit.
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Read More »October 6, 2014 Comments Off on Should a school district care about a student’s immigration status?
Supreme Court's new term heads legal news roundup that includes a death-penalty case, a student's immigration status and an AIG lawsuit.
Tagged with: AIG bailout death penalty immigration murder same-sex marriage Supreme Court
Read More »September 29, 2014 Comments Off on U.S. bailout of AIG called ‘extortion’
The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice “Hank” Greenberg said.
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Read More »January 9, 2013 Comments Off on Facing backlash, AIG won’t join lawsuit against U.S.
NEW YORK — Facing a certain backlash from Washington and beyond, American International Group won’t be joining a shareholder lawsuit against the U.S. government. AIG was legally obligated to consider joining the lawsuit being brought against the government by former ...
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Read More »December 11, 2012 Comments Off on Treasury sells remaining shares of AIG
WASHINGTON — The Treasury Department said Tuesday that it has sold all of its remaining shares of American International Group Inc., moving to wrap up the government’s biggest bailout of the 2008 financial crisis. Treasury said it received $32.50 per ...
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Read More »August 8, 2011 Comments Off on AIG sues Bank of America for $10B over mortgages
NEW YORK — More trouble piled up for Bank of America Corp. on Monday, as American International Group Inc. sued it for more than $10 billion, saying the bank cheated it by selling residential mortgage-backed securities that were overvalued. The ...
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Read More »December 8, 2010 Comments Off on AIG taking key step toward repaying bailout
WASHINGTON — Bailed-out insurance conglomerate American International Group Inc. is taking a key step toward paying off a bailout that was at one point worth $182 billion — the largest of the financial crisis. The company said in a public ...
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Read More »November 1, 2010 Comments Off on AIG set to repay $37 billion in bailout money
NEW YORK — AIG said Monday it raised nearly $37 billion from the sale of two foreign insurance units and will use that money to repay a government bailout. The insurance giant closed its previously announced sale of American Life ...
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Read More »August 23, 2010 Comments Off on AIG repaying nearly $4 billion in federal loans
NEW YORK — American International Group Inc. says it is repaying nearly $4 billion in federal bailout loans. The insurer said Monday it will pay back the taxpayer-funded loans with proceeds from a recently completed $4.4 billion debt sale at ...
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