Quantcast
Home » Topics » shareholders

Former AIG chief sues U.S. for $25 billion

Former American International Group chief Maurice “Hank” Greenberg sued the US government for $25 billion Monday over the takeover of AIG at the height of the financial crisis in 2008. In a class action suit, Greenberg alleged that AIG shareholders lost most of their investments when the government unnecessarily took over AIG rather than just aiding…

Google+